8, BURWAY CLOSE, LUDLOW, SY8 1GX - £128,000

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

8 BURWAY CLOSE is a midsized extended detached house of 107m², built sometime between 1996 and 2002, which could now be worth an estimated £417,582. It was last sold for £128,000 in August 2000, which was about the average August 2000 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.

8 BURWAY CLOSE Sold Prices

Land registry data shows two sales for 8 BURWAY 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. One of the two 8 BURWAY CLOSE sales was roughly equal to the average price, whilst the other was 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
2000 9 AUG	£128,000	£127,405	Close to HPI
1999 23 AUG	£105,000	£110,806	5% below HPI

8 BURWAY 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 8 BURWAY CLOSE sales from August 1999 and August 2000 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 August 1999 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2000 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 8 BURWAY CLOSE be worth now?

8 BURWAY CLOSE might now be worth an estimated £417,582.

This is based on house price inflation of 226.2%, between August 2000 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 226.2% inflationary increase is applied to the most recent sale price for 8 BURWAY CLOSE of £128,000 on 9th August 2000. For the value to have increased from £128,000 to £417,582 over the 23 years and eight months to December 2024, the following assumptions must hold true:

• The value of 8 BURWAY CLOSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The August 2000 sale price of £128,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BURWAY CLOSE has not materially changed since August 2000.

How Large is 8 BURWAY CLOSE?

8 BURWAY CLOSE is 107m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the largest 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 8 BURWAY CLOSE lies on this distribution: 53% of detached houses houses are smaller than 8 BURWAY CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

8 BURWAY CLOSE: Plot and Title Map

8 BURWAY CLOSE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 8 BURWAY 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 8 BURWAY 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 8 BURWAY CLOSE?

8 BURWAY CLOSE is located in LUDLOW, in the SY8 postcode district. The below map shows the position of No. 8 on BURWAY CLOSE.