2, MORTIMER DRIVE, ORLETON, LUDLOW, SY8 4JW - £278,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 MORTIMER DRIVE is a very small extended detached house of 73m², built sometime between 1967 and 1975. It was last sold for £278,000 in January 2021, which was around 26% below the average January 2021 detached price in the Herefordshire local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

2 MORTIMER DRIVE Sold Prices

Land registry data shows three sales for 2 MORTIMER DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. All of the three 2 MORTIMER DRIVE 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
2021 5 JAN	£278,000	£373,632	26% below HPI
2015 11 DEC	£228,000	£305,822	25% below HPI
2007 19 JUL	£190,000	£285,097	33% below HPI

2 MORTIMER DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The three 2 MORTIMER DRIVE sales between July 2007 and January 2021 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 2015 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2021 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 2 MORTIMER DRIVE?

2 MORTIMER DRIVE is 73m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of detached houses in Orleton, based on EPC data. The below chart shows the distribution of detached houses by size in Orleton, and where 2 MORTIMER DRIVE lies on this distribution: 8% of detached houses are smaller than 2 MORTIMER DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Orleton.

2 MORTIMER DRIVE: Plot and Title Map

2 MORTIMER DRIVE sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 2 MORTIMER DRIVE, 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 MORTIMER DRIVE). 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 MORTIMER DRIVE?

2 MORTIMER DRIVE is located in ORLETON, in the SY8 postcode district. The below map shows the position of No. 2 on MORTIMER DRIVE.