38, BAKER CLOSE, LUDLOW, SY8 1XJ - £369,000

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

38 BAKER CLOSE is a large detached house of 116m², built sometime between 1991 and 1995. It was last sold for £369,000 in September 2021, which was around 7% above the average September 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.

38 BAKER CLOSE Sold Prices

Land registry data shows four sales for 38 BAKER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Most of the four 38 BAKER CLOSE 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
2021 15 SEP	£369,000	£344,438	7% above HPI
2018 16 NOV	£305,000	£308,838	1% below HPI
2006 19 DEC	£228,000	£260,068	12% below HPI
1997 18 JUL	£89,750	£90,739	1% below HPI

38 BAKER CLOSE 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 four 38 BAKER CLOSE sales between July 1997 and September 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 November 2018 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the September 2021 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 38 BAKER CLOSE?

38 BAKER CLOSE is 116m² according to the EPC inspection conducted in January 2018. This puts it in the largest 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 38 BAKER CLOSE lies on this distribution: 64% of detached houses are smaller than 38 BAKER CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

38 BAKER CLOSE: Plot and Title Map

38 BAKER CLOSE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 38 BAKER CLOSE, 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 38 BAKER CLOSE). 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 38 BAKER CLOSE?

38 BAKER CLOSE is located in LUDLOW, in the SY8 postcode district. The below map shows the position of No. 38 on BAKER CLOSE.