7, BALLARD CLOSE, LUDLOW, SY8 1XH - £273,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 BALLARD CLOSE is a large extended detached house of 121m², built sometime between 1991 and 1995, which could now be worth an estimated £368,538. It was last sold for £273,000 in June 2018, which was around 11% below the average June 2018 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

7 BALLARD CLOSE Sold Prices

Land registry data shows two sales for 7 BALLARD CLOSE 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 7 BALLARD 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
2018 22 JUN	£273,000	£307,892	11% below HPI
1998 10 SEP	£89,000	£101,994	13% below HPI

7 BALLARD 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 two 7 BALLARD CLOSE sales from September 1998 and June 2018 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 September 1998 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2018 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 7 BALLARD CLOSE be worth now?

7 BALLARD CLOSE might now be worth an estimated £368,538.

This is based on house price inflation of 35%, between June 2018 and December 2024, 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 35% inflationary increase is applied to the most recent sale price for 7 BALLARD CLOSE of £273,000 on 22nd June 2018. For the value to have increased from £273,000 to £368,538 over the five years and six months to December 2024, the following assumptions must hold true:

• The value of 7 BALLARD CLOSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The June 2018 sale price of £273,000 represented a fair market value for the property.
• The size, condition, and specification of 7 BALLARD CLOSE has not materially changed since June 2018.

How Large is 7 BALLARD CLOSE?

7 BALLARD CLOSE is 121m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the largest 30% 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 7 BALLARD CLOSE lies on this distribution: 71% of detached houses houses are smaller than 7 BALLARD CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

7 BALLARD CLOSE: Plot and Title Map

7 BALLARD CLOSE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 7 BALLARD 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 7 BALLARD 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 7 BALLARD CLOSE?

7 BALLARD CLOSE is located in LUDLOW, in the SY8 postcode district. The below map shows the position of No. 7 on BALLARD CLOSE.