7, KEYSE CLOSE, LUDLOW, SY8 1UL - £240,000

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 KEYSE CLOSE is a very small detached house of 78m², built sometime between 1991 and 1995, which could now be worth an estimated £326,020. It was last sold for £240,000 in January 2018, which was around 22% below the average January 2018 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

7 KEYSE CLOSE Sold Prices

Land registry data shows three sales for 7 KEYSE 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 7 KEYSE 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 24 JAN	£240,000	£305,975	22% below HPI
2017 5 DEC	£250,000	£306,337	18% below HPI
1995 3 JAN	£67,950	£81,893	17% below HPI

7 KEYSE 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 7 KEYSE CLOSE sales between January 1995 and January 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 December 2017 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the January 2018 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 7 KEYSE CLOSE be worth now?

7 KEYSE CLOSE might now be worth an estimated £326,020.

This is based on house price inflation of 35.8%, between January 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 35.8% inflationary increase is applied to the most recent sale price for 7 KEYSE CLOSE of £240,000 on 24th January 2018. For the value to have increased from £240,000 to £326,020 over the five years and one month to December 2024, the following assumptions must hold true:

• The value of 7 KEYSE CLOSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The January 2018 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 7 KEYSE CLOSE has not materially changed since January 2018.

How Large is 7 KEYSE CLOSE?

7 KEYSE CLOSE is 78m² according to the EPC inspection conducted in October 2017. 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 7 KEYSE CLOSE lies on this distribution: 17% of detached houses houses are smaller than 7 KEYSE CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

7 KEYSE CLOSE: Plot and Title Map

7 KEYSE CLOSE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 7 KEYSE 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 KEYSE 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 KEYSE CLOSE?

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