22, BALLARD CLOSE, LUDLOW, SY8 1XH - £350,000

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

22 BALLARD CLOSE is a small detached house of 88m², built sometime between 1996 and 2002, which could now be worth an estimated £359,134. It was last sold for £350,000 in September 2024, which was around 14% below the average September 2024 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

22 BALLARD CLOSE Sold Prices

Land registry data shows five sales for 22 BALLARD CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the five 22 BALLARD 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
2024 27 SEP	£350,000	£406,672	14% below HPI
2018 5 JAN	£272,000	£305,975	11% below HPI
2016 24 JUN	£270,000	£284,901	5% below HPI
2014 5 JUN	£240,000	£265,498	10% below HPI
1998 22 MAY	£84,995	£97,128	12% below HPI

22 BALLARD 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 five 22 BALLARD CLOSE sales between May 1998 and September 2024 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 January 2018 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2024 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 22 BALLARD CLOSE be worth now?

22 BALLARD CLOSE might now be worth an estimated £359,134.

This is based on house price inflation of 2.6%, between September 2024 and February 2025, 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 2.6% inflationary increase is applied to the most recent sale price for 22 BALLARD CLOSE of £350,000 on 27th September 2024. For the value to have increased from £350,000 to £359,134 over the one year and seven months to February 2025, the following assumptions must hold true:

• The value of 22 BALLARD CLOSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The September 2024 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 22 BALLARD CLOSE has not materially changed since September 2024.

How Large is 22 BALLARD CLOSE?

22 BALLARD CLOSE is 88m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 40% 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 22 BALLARD CLOSE lies on this distribution: 31% of detached houses houses are smaller than 22 BALLARD CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

22 BALLARD CLOSE: Plot and Title Map

22 BALLARD CLOSE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 22 BALLARD 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 22 BALLARD 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 22 BALLARD CLOSE?

22 BALLARD CLOSE is located in LUDLOW, in the SY8 postcode district. The below map shows the position of No. 22 on BALLARD CLOSE.