7, BEECH CLOSE, LUDLOW, SY8 2PD - £116,000

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.

7 BEECH CLOSE is a small detached house of 82m², built sometime between 1976 and 1982, which could now be worth an estimated £277,055. It was last sold for £116,000 in October 2002, which was around 34% below the average October 2002 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

7 BEECH CLOSE Sold Prices

Land registry data shows two sales for 7 BEECH 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 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
2002 8 OCT	£116,000	£174,713	34% below HPI
1995 13 JAN	£57,000	£81,893	30% below HPI

7 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 two 7 BEECH CLOSE sales from January 1995 and October 2002 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 January 1995 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2002 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 7 BEECH CLOSE be worth now?

7 BEECH CLOSE might now be worth an estimated £277,055.

This is based on house price inflation of 138.8%, between October 2002 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 138.8% inflationary increase is applied to the most recent sale price for 7 BEECH CLOSE of £116,000 on 8th October 2002. For the value to have increased from £116,000 to £277,055 over the 23 years and eight months to February 2025, the following assumptions must hold true:

• The value of 7 BEECH CLOSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The October 2002 sale price of £116,000 represented a fair market value for the property.
• The size, condition, and specification of 7 BEECH CLOSE has not materially changed since October 2002.

How Large is 7 BEECH CLOSE?

7 BEECH CLOSE is 82m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 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 BEECH CLOSE lies on this distribution: 23% of detached houses houses are smaller than 7 BEECH CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

7 BEECH CLOSE: Plot and Title Map

7 BEECH CLOSE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 7 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 7 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 7 BEECH CLOSE?

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