55, BRINGEWOOD RISE, LUDLOW, SY8 2ND - £242,000

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

55 BRINGEWOOD RISE is a very small detached house of 77m², built sometime between 1967 and 1975. It was last sold for £242,000 in January 2016, which was around 14% below the average January 2016 detached price in the Shropshire local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

55 BRINGEWOOD RISE Sold Prices

Land registry data shows two sales for 55 BRINGEWOOD RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Both of the two 55 BRINGEWOOD RISE 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 26 JAN	£242,000	£281,529	14% below HPI
2011 1 JUL	£160,000	£247,807	35% below HPI

55 BRINGEWOOD RISE 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 two 55 BRINGEWOOD RISE sales from July 2011 and January 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 July 2011 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the January 2016 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 55 BRINGEWOOD RISE?

55 BRINGEWOOD RISE is 77m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 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 55 BRINGEWOOD RISE lies on this distribution: 17% of detached houses are smaller than 55 BRINGEWOOD RISE, and 83% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

55 BRINGEWOOD RISE: Plot and Title Map

55 BRINGEWOOD RISE sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 55 BRINGEWOOD RISE, 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 55 BRINGEWOOD RISE). 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 55 BRINGEWOOD RISE?

55 BRINGEWOOD RISE is located in LUDLOW, in the SY8 postcode district. The below map shows the position of No. 55 on BRINGEWOOD RISE.