8, MARY ELIZABETH ROAD, LUDLOW, SY8 1LW - £308,000

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.

8 MARY ELIZABETH ROAD is a small extended detached house of 94m², built sometime between 1967 and 1975, which could now be worth an estimated £315,983. It was last sold for £308,000 in January 2023, which was around 24% below the average January 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

8 MARY ELIZABETH ROAD Sold Prices

Land registry data shows two sales for 8 MARY ELIZABETH 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 8 MARY ELIZABETH 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
2023 27 JAN	£308,000	£406,743	24% below HPI
2016 26 AUG	£191,550	£295,311	35% below HPI

8 MARY ELIZABETH 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 8 MARY ELIZABETH ROAD sales from August 2016 and January 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 August 2016 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the January 2023 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 8 MARY ELIZABETH ROAD be worth now?

8 MARY ELIZABETH ROAD might now be worth an estimated £315,983.

This is based on house price inflation of 2.6%, between January 2023 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 2.6% inflationary increase is applied to the most recent sale price for 8 MARY ELIZABETH ROAD of £308,000 on 27th January 2023. For the value to have increased from £308,000 to £315,983 over the one year and eleven months to February 2025, the following assumptions must hold true:

• The value of 8 MARY ELIZABETH ROAD has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The January 2023 sale price of £308,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MARY ELIZABETH ROAD has not materially changed since January 2023.

How Large is 8 MARY ELIZABETH ROAD?

8 MARY ELIZABETH ROAD is 94m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 40% 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 MARY ELIZABETH ROAD lies on this distribution: 37% of detached houses houses are smaller than 8 MARY ELIZABETH ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

8 MARY ELIZABETH ROAD: Plot and Title Map

8 MARY ELIZABETH ROAD sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 8 MARY ELIZABETH 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 8 MARY ELIZABETH 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 8 MARY ELIZABETH ROAD?

8 MARY ELIZABETH ROAD is located in LUDLOW, in the SY8 postcode district. The below map shows the position of No. 8 on MARY ELIZABETH ROAD.