77, GREENACRES, LUDLOW, SY8 1LZ - £216,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

77 GREENACRES is a very small detached house of 71m², built sometime between 1976 and 1982. It was last sold for £216,000 in November 2023, which was around 45% below the average November 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

77 GREENACRES Sold Prices

Land registry data shows two sales for 77 GREENACRES 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 77 GREENACRES 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
2023 15 NOV	£216,000	£394,189	45% below HPI
2016 27 JUL	£152,000	£281,790	46% below HPI

77 GREENACRES 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 77 GREENACRES sales from July 2016 and November 2023 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 July 2016 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the November 2023 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 77 GREENACRES?

77 GREENACRES is 71m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 20% of detached houses in Ludlow, based on EPC data. The below chart shows the distribution of detached houses by size in Ludlow, and where 77 GREENACRES lies on this distribution: 11% of detached houses are smaller than 77 GREENACRES, and 87% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

77 GREENACRES: Plot and Title Map

77 GREENACRES sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 77 GREENACRES, 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 77 GREENACRES). 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 77 GREENACRES?

77 GREENACRES is located in LUDLOW, in the SY8 postcode district. The below map shows the position of No. 77 on GREENACRES.