2, JAMES CLOSE, LUDLOW, SY8 1UH - £212,500

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 JAMES CLOSE is a very small semi-detached house of 70m², built sometime between 1991 and 1995, which could now be worth an estimated £282,932. It was last sold for £212,500 in January 2020, which was around 9% above the average January 2020 semi-detached price in the Shropshire local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

2 JAMES CLOSE Sold Prices

Land registry data shows seven sales for 2 JAMES CLOSE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average semi-detached price in the Shropshire local authority area for the corresponding sale date. The seven 2 JAMES CLOSE sales were a mix of above the average price, and roughly equal to 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
2020 24 JAN	£212,500	£195,759	9% above HPI
2013 17 DEC	£174,950	£158,151	11% above HPI
2007 15 JUN	£173,000	£172,973	Close to HPI
2004 5 NOV	£159,950	£150,098	7% above HPI
2003 12 SEP	£124,000	£122,961	1% above HPI
2003 21 FEB	£131,000	£110,706	18% above HPI
1996 23 AUG	£57,000	£50,723	12% above HPI

2 JAMES CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Shropshire local authority area over time, sourced from the HPI. The seven 2 JAMES CLOSE sales between August 1996 and January 2020 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 2013 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the January 2020 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 2 JAMES CLOSE be worth now?

2 JAMES CLOSE might now be worth an estimated £282,932.

This is based on house price inflation of 33.1%, between January 2020 and February 2025, for semi-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 33.1% inflationary increase is applied to the most recent sale price for 2 JAMES CLOSE of £212,500 on 24th January 2020. For the value to have increased from £212,500 to £282,932 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 JAMES CLOSE has moved in line with the HPI for semi-detached houses in the Shropshire local authority area.
• The January 2020 sale price of £212,500 represented a fair market value for the property.
• The size, condition, and specification of 2 JAMES CLOSE has not materially changed since January 2020.

How Large is 2 JAMES CLOSE?

2 JAMES CLOSE is 70m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 20% of semi-detached houses houses in Ludlow, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ludlow, and where 2 JAMES CLOSE lies on this distribution: 10% of semi-detached houses houses are smaller than 2 JAMES CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

2 JAMES CLOSE: Plot and Title Map

2 JAMES CLOSE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 2 JAMES CLOSE, 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 JAMES CLOSE). 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 JAMES CLOSE?

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