5, SUMMERFIELDS, LUDLOW, SY8 2QA - £475,000

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

5 SUMMERFIELDS is a very large extended detached house of 134m², built sometime between 1996 and 2002. It was last sold for £475,000 in November 2022, which was around 20% above the average November 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

5 SUMMERFIELDS Sold Prices

Land registry data shows five sales for 5 SUMMERFIELDS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the five 5 SUMMERFIELDS 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
2022 23 NOV	£475,000	£394,615	20% above HPI
2005 28 JUL	£289,500	£235,354	23% above HPI
2005 25 MAY	£285,000	£236,908	20% above HPI
2003 17 APR	£220,000	£186,930	18% above HPI
1999 16 JUL	£134,000	£105,321	27% above HPI

5 SUMMERFIELDS 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 five 5 SUMMERFIELDS sales between July 1999 and November 2022 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 July 2005 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the November 2022 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 5 SUMMERFIELDS?

5 SUMMERFIELDS is 134m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the largest 20% of detached houses in Ludlow, based on EPC data. The below chart shows the distribution of detached houses by size in Ludlow, and where 5 SUMMERFIELDS lies on this distribution: 81% of detached houses are smaller than 5 SUMMERFIELDS, and 18% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

5 SUMMERFIELDS: Plot and Title Map

5 SUMMERFIELDS sits on a plot of roughly 0.176 of an acre, or 714m². The below map shows the location of 5 SUMMERFIELDS, 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 SUMMERFIELDS). 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 SUMMERFIELDS?

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