6, BRINGEWOOD CLOSE, LUDLOW, SY8 2LY - £320,000

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.

6 BRINGEWOOD CLOSE is a very small extended detached house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £350,675. It was last sold for £320,000 in May 2022, which was around 16% below the average May 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.

6 BRINGEWOOD CLOSE Sold Prices

Land registry data shows three sales for 6 BRINGEWOOD 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 6 BRINGEWOOD 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
2022 26 MAY	£320,000	£380,783	16% below HPI
2019 14 NOV	£242,500	£324,993	25% below HPI
2004 14 MAY	£186,000	£220,669	16% below HPI

6 BRINGEWOOD 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 6 BRINGEWOOD CLOSE sales between May 2004 and May 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 November 2019 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2022 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 6 BRINGEWOOD CLOSE be worth now?

6 BRINGEWOOD CLOSE might now be worth an estimated £350,675.

This is based on house price inflation of 9.6%, between May 2022 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 9.6% inflationary increase is applied to the most recent sale price for 6 BRINGEWOOD CLOSE of £320,000 on 26th May 2022. For the value to have increased from £320,000 to £350,675 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 6 BRINGEWOOD CLOSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The May 2022 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 6 BRINGEWOOD CLOSE has not materially changed since May 2022.

How Large is 6 BRINGEWOOD CLOSE?

6 BRINGEWOOD CLOSE is 78m², which includes one extension, according to the EPC inspection conducted in December 2018. This puts it in the smallest 20% 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 6 BRINGEWOOD CLOSE lies on this distribution: 17% of detached houses houses are smaller than 6 BRINGEWOOD CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

6 BRINGEWOOD CLOSE: Plot and Title Map

6 BRINGEWOOD CLOSE sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 6 BRINGEWOOD 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 6 BRINGEWOOD 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 6 BRINGEWOOD CLOSE?

6 BRINGEWOOD CLOSE is located in LUDLOW, in the SY8 postcode district. The below map shows the position of No. 6 on BRINGEWOOD CLOSE.