31, BRINGEWOOD ROAD, LUDLOW, SY8 2NA - £240,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

31 BRINGEWOOD ROAD is a very small detached house of 73m², built sometime between 1967 and 1975, which could now be worth an estimated £313,851. It was last sold for £240,000 in August 2018, which was around 25% below the average August 2018 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2017, where the current energy rating was E, and the potential energy rating was B.

31 BRINGEWOOD ROAD Sold Prices

Land registry data shows three sales for 31 BRINGEWOOD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the three 31 BRINGEWOOD ROAD 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 16 AUG	£240,000	£319,095	25% below HPI
2006 7 APR	£190,000	£250,384	24% below HPI
2001 19 OCT	£125,000	£146,339	15% below HPI

31 BRINGEWOOD ROAD 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 three 31 BRINGEWOOD ROAD sales between October 2001 and August 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 April 2006 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2018 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 31 BRINGEWOOD ROAD be worth now?

31 BRINGEWOOD ROAD might now be worth an estimated £313,851.

This is based on house price inflation of 30.8%, between August 2018 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 30.8% inflationary increase is applied to the most recent sale price for 31 BRINGEWOOD ROAD of £240,000 on 16th August 2018. For the value to have increased from £240,000 to £313,851 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 31 BRINGEWOOD ROAD has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The August 2018 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 31 BRINGEWOOD ROAD has not materially changed since August 2018.

How Large is 31 BRINGEWOOD ROAD?

31 BRINGEWOOD ROAD is 73m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 20% 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 31 BRINGEWOOD ROAD lies on this distribution: 13% of detached houses houses are smaller than 31 BRINGEWOOD ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

31 BRINGEWOOD ROAD: Plot and Title Map

31 BRINGEWOOD ROAD sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 31 BRINGEWOOD ROAD, 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 31 BRINGEWOOD ROAD). 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 31 BRINGEWOOD ROAD?

31 BRINGEWOOD ROAD is located in LUDLOW, in the SY8 postcode district. The below map shows the position of No. 31 on BRINGEWOOD ROAD.