3, FRIARS WALK, LUDLOW, SY8 1NT - £220,000

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

3 FRIARS WALK is a midsized semi-detached house of 99m², built sometime before 1900. It was last sold for £220,000 in September 2018, which was around 29% below the average September 2018 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2018, where the current energy rating was F, and the potential energy rating was B.

3 FRIARS WALK Sold Prices

Land registry data shows two sales for 3 FRIARS WALK 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 3 FRIARS WALK 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
2018 28 SEP	£220,000	£311,224	29% below HPI
2005 30 MAR	£230,000	£233,977	2% below HPI

3 FRIARS WALK 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 3 FRIARS WALK sales from March 2005 and September 2018 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 March 2005 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2018 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 3 FRIARS WALK?

3 FRIARS WALK is 99m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 50% of detached houses in Ludlow, based on EPC data. The below chart shows the distribution of detached houses by size in Ludlow, and where 3 FRIARS WALK lies on this distribution: 42% of detached houses are smaller than 3 FRIARS WALK, and 57% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

3 FRIARS WALK: Plot and Title Map

3 FRIARS WALK sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 3 FRIARS WALK, 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 3 FRIARS WALK). 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 3 FRIARS WALK?

3 FRIARS WALK is located in LUDLOW, in the SY8 postcode district. The below map shows the position of No. 3 on FRIARS WALK.