4, CANGEFORD DRIVE, LUDLOW, SY8 1XL - £295,000

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.

4 CANGEFORD DRIVE is a large detached house of 125m², built sometime between 1996 and 2002, which could now be worth an estimated £404,329. It was last sold for £295,000 in October 2017, which was around 3% below the average October 2017 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

4 CANGEFORD DRIVE Sold Prices

Land registry data shows four sales for 4 CANGEFORD DRIVE 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. All of the four 4 CANGEFORD DRIVE 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
2017 27 OCT	£295,000	£304,453	3% below HPI
2006 21 SEP	£247,500	£270,404	8% below HPI
2003 28 NOV	£182,000	£209,353	13% below HPI
2000 28 JUL	£119,000	£125,170	5% below HPI

4 CANGEFORD DRIVE 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 4 CANGEFORD DRIVE sales between July 2000 and October 2017 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 September 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2017 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 4 CANGEFORD DRIVE be worth now?

4 CANGEFORD DRIVE might now be worth an estimated £404,329.

This is based on house price inflation of 37.1%, between October 2017 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 37.1% inflationary increase is applied to the most recent sale price for 4 CANGEFORD DRIVE of £295,000 on 27th October 2017. For the value to have increased from £295,000 to £404,329 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 4 CANGEFORD DRIVE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The October 2017 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CANGEFORD DRIVE has not materially changed since October 2017.

How Large is 4 CANGEFORD DRIVE?

4 CANGEFORD DRIVE is 125m² according to the EPC inspection conducted in June 2017. This puts it in the largest 30% 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 4 CANGEFORD DRIVE lies on this distribution: 76% of detached houses houses are smaller than 4 CANGEFORD DRIVE, and 24% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

4 CANGEFORD DRIVE: Plot and Title Map

4 CANGEFORD DRIVE sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 4 CANGEFORD DRIVE, 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 4 CANGEFORD DRIVE). 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 4 CANGEFORD DRIVE?

4 CANGEFORD DRIVE is located in LUDLOW, in the SY8 postcode district. The below map shows the position of No. 4 on CANGEFORD DRIVE.