2, STANTON CLOSE, LUDLOW, SY8 2LP - £360,000

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 STANTON CLOSE is a small extended detached house of 94m², built sometime between 1950 and 1966. It was last sold for £360,000 in October 2022, which was around 8% below the average October 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2022, where the current energy rating was E, and the potential energy rating was B.

2 STANTON CLOSE Sold Prices

Land registry data shows four sales for 2 STANTON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Most of the four 2 STANTON CLOSE 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
2022 26 OCT	£360,000	£393,330	8% below HPI
2022 30 JUN	£325,000	£372,461	13% below HPI
2005 7 JUL	£267,000	£235,354	13% above HPI
2000 1 SEP	£115,000	£125,759	9% below HPI

2 STANTON CLOSE 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 four 2 STANTON CLOSE sales between September 2000 and October 2022 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 June 2022 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2022 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 2 STANTON CLOSE?

2 STANTON CLOSE is 94m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 40% of detached houses in Ludlow, based on EPC data. The below chart shows the distribution of detached houses by size in Ludlow, and where 2 STANTON CLOSE lies on this distribution: 37% of detached houses are smaller than 2 STANTON CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

2 STANTON CLOSE: Plot and Title Map

2 STANTON CLOSE sits on a plot of roughly 0.158 of an acre, or 640m². The below map shows the location of 2 STANTON 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 STANTON 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 STANTON CLOSE?

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