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

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

37 MILL STREET is a small extended detached house of 92m², built sometime before 1900. It was last sold for £450,000 in October 2021, which was around 28% 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	£350,456	28% above HPI
2010 15 APR	£320,000	£253,406	26% above HPI
2005 14 SEP	£270,000	£243,997	11% above HPI
1996 17 OCT	£84,000	£86,496	3% below HPI
1995 27 APR	£41,000	£83,150	51% 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 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the October 2021 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

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 in Ludlow, based on EPC data. The below chart shows the distribution of detached houses by size in Ludlow, and where 37 MILL STREET lies on this distribution: 35% of detached 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.