Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
ORCHARD HOUSE is a very large extended detached house of 240m², built sometime between 1950 and 1966. It was last sold for £840,000 in January 2021, which was around 150% above the average January 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was A.
Land registry data shows four sales for ORCHARD HOUSE since 1st 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 ORCHARD HOUSE 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 |
---|---|---|---|
2021 27 JAN | £840,000 | £335,354 | 150% above HPI |
2011 14 JAN | £500,000 | £253,486 | 97% above HPI |
2009 17 NOV | £550,000 | £245,641 | 124% above HPI |
2003 20 NOV | £425,000 | £203,664 | 109% above HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The four ORCHARD HOUSE sales between November 2003 and January 2021 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 2011 sale was for 97% above the HPI. So the extrapolation line tracks at 97% above the HPI over time, until the January 2021 sale, where it rises to 150% above the HPI. The line then continues to track at 150% above the HPI.
ORCHARD HOUSE is 240m², which includes one extension, according to the EPC inspection conducted in September 2020. 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 ORCHARD HOUSE lies on this distribution: 98% of detached houses are smaller than ORCHARD HOUSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Ludlow.
ORCHARD HOUSE sits on a plot of roughly 0.953 of an acre, or 3,858m². The below map shows the location of ORCHARD HOUSE, 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 ORCHARD HOUSE). 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.
ORCHARD HOUSE is located on BROMFIELD ROAD in LUDLOW, in the SY8 postcode district. The below map shows the position of ORCHARD HOUSE on BROMFIELD ROAD.