2, CHESTNUT GROVE, LUDLOW, SY8 1TJ - £139,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 CHESTNUT GROVE is a small detached house of 82m², built sometime between 1996 and 2002. It was last sold for £139,950 in September 2006, which was around 48% below the average September 2006 detached price in the Shropshire local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

2 CHESTNUT GROVE Sold Prices

Land registry data shows two sales for 2 CHESTNUT GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Both of the two 2 CHESTNUT GROVE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2006 15 SEP	£139,950	£270,404	48% below HPI
2004 1 DEC	£139,000	£239,565	42% below HPI

2 CHESTNUT GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The two 2 CHESTNUT GROVE sales from December 2004 and September 2006 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2004 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the September 2006 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 2 CHESTNUT GROVE be worth now?

2 CHESTNUT GROVE might now be worth an estimated £215,119.

This is based on house price inflation of 53.7%, between September 2006 and December 2024, for detached houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 53.7% inflationary increase is applied to the most recent sale price for 2 CHESTNUT GROVE of £139,950 on 15th September 2006. For the value to have increased from £139,950 to £215,119 over the seventeen years and nine months to December 2024, the following assumptions must hold true:

• The value of 2 CHESTNUT GROVE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The September 2006 sale price of £139,950 represented a fair market value for the property.
• The size, condition, and specification of 2 CHESTNUT GROVE has not materially changed since September 2006.

How Large is 2 CHESTNUT GROVE?

2 CHESTNUT GROVE is 82m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 30% of detached houses houses in Ludlow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ludlow, and where 2 CHESTNUT GROVE lies on this distribution: 23% of detached houses houses are smaller than 2 CHESTNUT GROVE, and 76% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

2 CHESTNUT GROVE: Plot and Title Map

2 CHESTNUT GROVE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 2 CHESTNUT GROVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 CHESTNUT GROVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 CHESTNUT GROVE?

2 CHESTNUT GROVE is located in LUDLOW, in the SY8 postcode district. The below map shows the position of No. 2 on CHESTNUT GROVE.