36, SPRINGFIELD PARK, CLEE HILL, LUDLOW, SY8 3QY - £196,000

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

36 SPRINGFIELD PARK is a small detached house of 76m², built sometime between 1983 and 1990. It was last sold for £196,000 in August 2018, which was around 37% below the average August 2018 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2018, where the current energy rating was F, and the potential energy rating was D.

36 SPRINGFIELD PARK Sold Prices

Land registry data shows two sales for 36 SPRINGFIELD PARK 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 36 SPRINGFIELD PARK 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 2 AUG	£196,000	£310,424	37% below HPI
2000 30 NOV	£96,000	£128,327	25% below HPI

36 SPRINGFIELD PARK 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 36 SPRINGFIELD PARK sales from November 2000 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 November 2000 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2018 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 36 SPRINGFIELD PARK?

36 SPRINGFIELD PARK is 76m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 40% of detached houses in Cleehill, based on EPC data. The below chart shows the distribution of detached houses by size in Cleehill, and where 36 SPRINGFIELD PARK lies on this distribution: 31% of detached houses are smaller than 36 SPRINGFIELD PARK, and 65% of houses are larger. Note that EPC data is not available for all properties in Cleehill.

36 SPRINGFIELD PARK: Plot and Title Map

36 SPRINGFIELD PARK sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 36 SPRINGFIELD PARK, 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 36 SPRINGFIELD PARK). 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 36 SPRINGFIELD PARK?

36 SPRINGFIELD PARK is located in CLEE HILL, in the SY8 postcode district. The below map shows the position of No. 36 on SPRINGFIELD PARK.