40, BAKER CLOSE, LUDLOW, SY8 1XJ - £246,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

40 BAKER CLOSE is a small extended detached house of 92m², built sometime between 1996 and 2002. It was last sold for £246,000 in August 2015, which was around 10% below the average August 2015 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

40 BAKER CLOSE Sold Prices

Land registry data shows three sales for 40 BAKER CLOSE 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 40 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
2015 26 AUG	£246,000	£273,708	10% below HPI
2001 29 MAR	£105,000	£125,238	16% below HPI
1997 28 NOV	£87,950	£94,548	7% below HPI

40 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 three 40 BAKER CLOSE sales between November 1997 and August 2015 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 March 2001 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2015 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 40 BAKER CLOSE?

40 BAKER CLOSE is 92m², which includes two extensions, according to the EPC inspection conducted in May 2015. 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 40 BAKER CLOSE lies on this distribution: 35% of detached houses are smaller than 40 BAKER CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

40 BAKER CLOSE: Plot and Title Map

40 BAKER CLOSE sits on a plot of roughly 0.066 of an acre, or 265m². The below map shows the location of 40 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 40 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 40 BAKER CLOSE?

40 BAKER CLOSE is located in LUDLOW, in the SY8 postcode district. The below map shows the position of No. 40 on BAKER CLOSE.