37, MILL STREET, LUDLOW, SY8 1BG - £450,000

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.

37 MILL STREET is a small extended detached house of 92m², built sometime before 1900, which could now be worth an estimated £521,252. It was last sold for £450,000 in October 2021, which was around 25% above the average October 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

37 MILL STREET Sold Prices

Land registry data shows five sales for 37 MILL STREET 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. Most of the five 37 MILL STREET sales were for above 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
2021 19 OCT	£450,000	£360,245	25% above HPI
2010 15 APR	£320,000	£260,485	23% above HPI
2005 14 SEP	£270,000	£250,813	8% above HPI
1996 17 OCT	£84,000	£88,913	6% below HPI
1995 27 APR	£41,000	£85,472	52% below HPI

37 MILL STREET 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 37 MILL STREET sales between April 1995 and October 2021 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 2010 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the October 2021 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 37 MILL STREET be worth now?

37 MILL STREET might now be worth an estimated £521,252.

This is based on house price inflation of 15.8%, between October 2021 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 15.8% inflationary increase is applied to the most recent sale price for 37 MILL STREET of £450,000 on 19th October 2021. For the value to have increased from £450,000 to £521,252 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 37 MILL STREET has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The October 2021 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 37 MILL STREET has not materially changed since October 2021.

How Large is 37 MILL STREET?

37 MILL STREET is 92m², which includes two extensions, according to the EPC inspection conducted in August 2020. 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 37 MILL STREET lies on this distribution: 35% of detached houses houses are smaller than 37 MILL STREET, and 64% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

37 MILL STREET: Plot and Title Map

37 MILL STREET sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 37 MILL STREET, 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 37 MILL STREET). 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 37 MILL STREET?

37 MILL STREET is located in LUDLOW, in the SY8 postcode district. The below map shows the position of No. 37 on MILL STREET.