7, SHEARMAN ROAD, LUDLOW, SY8 1UQ - £290,000

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 SHEARMAN ROAD is a midsized detached house of 99m², built sometime between 1996 and 2002, which could now be worth an estimated £395,031. It was last sold for £290,000 in December 2017, which was around 5% below the average December 2017 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

7 SHEARMAN ROAD Sold Prices

Land registry data shows two sales for 7 SHEARMAN ROAD 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 SHEARMAN ROAD 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
2017 12 DEC	£290,000	£306,337	5% below HPI
2016 4 MAR	£270,000	£291,243	7% below HPI

7 SHEARMAN ROAD 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 SHEARMAN ROAD sales from March 2016 and December 2017 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 March 2016 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the December 2017 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 7 SHEARMAN ROAD be worth now?

7 SHEARMAN ROAD might now be worth an estimated £395,031.

This is based on house price inflation of 36.2%, between December 2017 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 36.2% inflationary increase is applied to the most recent sale price for 7 SHEARMAN ROAD of £290,000 on 12th December 2017. For the value to have increased from £290,000 to £395,031 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of 7 SHEARMAN ROAD has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The December 2017 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SHEARMAN ROAD has not materially changed since December 2017.

How Large is 7 SHEARMAN ROAD?

7 SHEARMAN ROAD is 99m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 50% 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 SHEARMAN ROAD lies on this distribution: 42% of detached houses houses are smaller than 7 SHEARMAN ROAD, and 57% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

7 SHEARMAN ROAD: Plot and Title Map

7 SHEARMAN ROAD sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 7 SHEARMAN ROAD, 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 SHEARMAN ROAD). 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 SHEARMAN ROAD?

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