39, NEW ROAD, LUDLOW, SY8 2NY - £335,000

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

39 NEW ROAD is a very large detached house of 165m², built sometime between 1900 and 1929, which could now be worth an estimated £454,024. It was last sold for £335,000 in June 2018, which was around 9% above the average June 2018 detached price in the Shropshire local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

39 NEW ROAD Sold Prices

Land registry data shows three sales for 39 NEW ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the three 39 NEW ROAD 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
2018 21 JUN	£335,000	£307,892	9% above HPI
2001 8 MAY	£180,000	£134,606	34% above HPI
1998 22 JUL	£110,000	£99,119	11% above HPI

39 NEW ROAD 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 three 39 NEW ROAD sales between July 1998 and June 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 May 2001 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the June 2018 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 39 NEW ROAD be worth now?

39 NEW ROAD might now be worth an estimated £454,024.

This is based on house price inflation of 35.5%, between June 2018 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 35.5% inflationary increase is applied to the most recent sale price for 39 NEW ROAD of £335,000 on 21st June 2018. For the value to have increased from £335,000 to £454,024 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 39 NEW ROAD has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The June 2018 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 39 NEW ROAD has not materially changed since June 2018.

How Large is 39 NEW ROAD?

39 NEW ROAD is 165m² according to the EPC inspection conducted in February 2018. This puts it in the largest 10% 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 39 NEW ROAD lies on this distribution: 91% of detached houses houses are smaller than 39 NEW ROAD, and 9% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

39 NEW ROAD: Plot and Title Map

39 NEW ROAD sits on a plot of roughly 0.174 of an acre, or 703m². The below map shows the location of 39 NEW ROAD, 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 39 NEW ROAD). 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 39 NEW ROAD?

39 NEW ROAD is located in LUDLOW, in the SY8 postcode district. The below map shows the position of No. 39 on NEW ROAD.