9, CASTLEFORD ROAD, LUDLOW, SY8 1DF - £344,000

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

9 CASTLEFORD ROAD is a very small detached house of 78m², built sometime between 1996 and 2002. It was last sold for £344,000 in July 2023, which was around 11% below the average July 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

9 CASTLEFORD ROAD Sold Prices

Land registry data shows three sales for 9 CASTLEFORD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the three 9 CASTLEFORD 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 17 JUL	£344,000	£388,653	11% below HPI
2023 12 JAN	£104,166	£395,690	74% below HPI
2000 8 FEB	£90,909	£107,798	16% below HPI

9 CASTLEFORD 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 three 9 CASTLEFORD ROAD sales between February 2000 and July 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 January 2023 sale was for 74% below the HPI. So the extrapolation line tracks at 74% below the HPI over time, until the July 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 9 CASTLEFORD ROAD?

9 CASTLEFORD ROAD is 78m² according to the EPC inspection conducted in May 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 9 CASTLEFORD ROAD lies on this distribution: 18% of detached houses are smaller than 9 CASTLEFORD ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

9 CASTLEFORD ROAD: Plot and Title Map

9 CASTLEFORD ROAD sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 9 CASTLEFORD 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 9 CASTLEFORD 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 9 CASTLEFORD ROAD?

9 CASTLEFORD ROAD is located in LUDLOW, in the SY8 postcode district. The below map shows the position of No. 9 on CASTLEFORD ROAD.