5, BEECH CLOSE, LUDLOW, SY8 2PD - £225,000

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.

5 BEECH CLOSE is a midsized extended detached house of 111m², built sometime between 1976 and 1982, which could now be worth an estimated £317,933. It was last sold for £225,000 in August 2016, which was around 24% below the average August 2016 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

5 BEECH CLOSE Sold Prices

Land registry data shows three sales for 5 BEECH 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 5 BEECH 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
2016 19 AUG	£225,000	£295,311	24% below HPI
2015 8 MAY	£213,950	£273,769	22% below HPI
2011 7 DEC	£172,500	£254,495	32% below HPI

5 BEECH 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 5 BEECH CLOSE sales between December 2011 and August 2016 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 2015 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2016 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 5 BEECH CLOSE be worth now?

5 BEECH CLOSE might now be worth an estimated £317,933.

This is based on house price inflation of 41.3%, between August 2016 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 41.3% inflationary increase is applied to the most recent sale price for 5 BEECH CLOSE of £225,000 on 19th August 2016. For the value to have increased from £225,000 to £317,933 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 5 BEECH CLOSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The August 2016 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BEECH CLOSE has not materially changed since August 2016.

How Large is 5 BEECH CLOSE?

5 BEECH CLOSE is 111m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 40% 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 5 BEECH CLOSE lies on this distribution: 59% of detached houses houses are smaller than 5 BEECH CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

5 BEECH CLOSE: Plot and Title Map

5 BEECH CLOSE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 5 BEECH 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 5 BEECH 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 5 BEECH CLOSE?

5 BEECH CLOSE is located in LUDLOW, in the SY8 postcode district. The below map shows the position of No. 5 on BEECH CLOSE.