EASTWOOD, BROMFIELD ROAD, LUDLOW, SY8 1DW - £197,000

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

EASTWOOD is a midsized extended detached house of 105m², built sometime between 1950 and 1966. It was last sold for £197,000 in August 2015, which was around 28% below the average August 2015 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was B.

EASTWOOD Sold Prices

Land registry data shows two sales for EASTWOOD 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 EASTWOOD 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
2015 14 AUG	£197,000	£273,708	28% below HPI
2002 13 SEP	£165,000	£168,391	2% below HPI

EASTWOOD 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 EASTWOOD sales from September 2002 and August 2015 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 September 2002 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2015 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is EASTWOOD?

EASTWOOD is 105m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 50% of detached houses in Ludlow, based on EPC data. The below chart shows the distribution of detached houses by size in Ludlow, and where EASTWOOD lies on this distribution: 50% of detached houses are smaller than EASTWOOD, and 49% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

EASTWOOD: Plot and Title Map

EASTWOOD sits on a plot of roughly 0.177 of an acre, or 717m². The below map shows the location of EASTWOOD, 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 EASTWOOD). 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 EASTWOOD?

EASTWOOD is located on BROMFIELD ROAD in LUDLOW, in the SY8 postcode district. The below map shows the position of EASTWOOD on BROMFIELD ROAD.