38, SPRINGFIELD PARK, CLEE HILL, LUDLOW, SY8 3QY - £230,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

38 SPRINGFIELD PARK is a large extended detached house of 115m², built sometime between 1996 and 2002, which could now be worth an estimated £370,307. It was last sold for £230,000 in February 2014, which was around 11% below the average February 2014 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2011, where the current energy rating was C, and the potential energy rating was C.

38 SPRINGFIELD PARK Sold Prices

Land registry data shows two sales for 38 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 38 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
2014 28 FEB	£230,000	£259,178	11% below HPI
2000 3 NOV	£94,250	£131,911	29% below HPI

38 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 38 SPRINGFIELD PARK sales from November 2000 and February 2014 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 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2014 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 38 SPRINGFIELD PARK be worth now?

38 SPRINGFIELD PARK might now be worth an estimated £370,307.

This is based on house price inflation of 61%, between February 2014 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 61% inflationary increase is applied to the most recent sale price for 38 SPRINGFIELD PARK of £230,000 on 28th February 2014. For the value to have increased from £230,000 to £370,307 over the eleven years to February 2025, the following assumptions must hold true:

• The value of 38 SPRINGFIELD PARK has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The February 2014 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 38 SPRINGFIELD PARK has not materially changed since February 2014.

How Large is 38 SPRINGFIELD PARK?

38 SPRINGFIELD PARK is 115m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the largest 30% of detached houses houses in Cleehill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cleehill, and where 38 SPRINGFIELD PARK lies on this distribution: 75% of detached houses houses are smaller than 38 SPRINGFIELD PARK, and 25% of houses are larger. Note that EPC data is not available for all properties in Cleehill.

38 SPRINGFIELD PARK: Plot and Title Map

38 SPRINGFIELD PARK sits on a plot of roughly 0.160 of an acre, or 649m². The below map shows the location of 38 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 38 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 38 SPRINGFIELD PARK?

38 SPRINGFIELD PARK is located in CLEE HILL, in the SY8 postcode district. The below map shows the position of No. 38 on SPRINGFIELD PARK.