BRINGEWOOD, BURWAY LANE, LUDLOW, SY8 1DT - £525,000

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

BRINGEWOOD is a very large extended detached house of 240m², built sometime between 1950 and 1966. It was last sold for £525,000 in September 2016, which was around 82% above the average September 2016 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

BRINGEWOOD Sold Prices

Land registry data shows two sales for BRINGEWOOD 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 BRINGEWOOD sales were for above 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
2016 16 SEP	£525,000	£288,646	82% above HPI
2003 15 OCT	£275,000	£201,657	36% above HPI

BRINGEWOOD 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 BRINGEWOOD sales from October 2003 and September 2016 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 October 2003 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the September 2016 sale, where it rises to 82% above the HPI. The line then continues to track at 82% above the HPI.

How Large is BRINGEWOOD?

BRINGEWOOD is 240m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the largest 10% of detached houses in Ludlow, based on EPC data. The below chart shows the distribution of detached houses by size in Ludlow, and where BRINGEWOOD lies on this distribution: 98% of detached houses are smaller than BRINGEWOOD, and 2% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

BRINGEWOOD: Plot and Title Map

BRINGEWOOD sits on a plot of roughly 0.282 of an acre, or 1,139m². The below map shows the location of BRINGEWOOD, 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 BRINGEWOOD). 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 BRINGEWOOD?

BRINGEWOOD is located on BURWAY LANE in LUDLOW, in the SY8 postcode district. The below map shows the position of BRINGEWOOD on BURWAY LANE.