85, GREENACRES, LUDLOW, SY8 1LZ - £215,000

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

85 GREENACRES is a very small extended detached house of 74m², built sometime between 1950 and 1966. It was last sold for £215,000 in July 2024, which was around 46% below the average July 2024 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2023, where the current energy rating was E, and the potential energy rating was C.

85 GREENACRES Sold Prices

Land registry data shows four sales for 85 GREENACRES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the four 85 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
2024 12 JUL	£215,000	£400,852	46% below HPI
2009 20 MAY	£167,500	£230,169	27% below HPI
2006 13 DEC	£174,500	£260,068	33% below HPI
2003 7 NOV	£139,500	£203,664	32% below HPI

85 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 four 85 GREENACRES sales between November 2003 and July 2024 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 May 2009 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2024 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 85 GREENACRES?

85 GREENACRES is 74m², which includes one extension, according to the EPC inspection conducted in November 2023. 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 85 GREENACRES lies on this distribution: 14% of detached houses are smaller than 85 GREENACRES, and 85% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

85 GREENACRES: Plot and Title Map

85 GREENACRES sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 85 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 85 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 85 GREENACRES?

85 GREENACRES is located in LUDLOW, in the SY8 postcode district. The below map shows the position of No. 85 on GREENACRES.