ST MILBURGA, SHEET ROAD, LUDLOW, SY8 1LJ - £395,000

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

ST MILBURGA is a very small detached house of 69m², built sometime between 1950 and 1966. It was last sold for £395,000 in September 2023, which was about the average September 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2021, where the current energy rating was E, and the potential energy rating was B.

ST MILBURGA Sold Prices

Land registry data shows two sales for ST MILBURGA 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. One of the two ST MILBURGA sales was roughly equal to the average price, whilst the other was 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 15 SEP	£395,000	£393,176	Close to HPI
2021 18 AUG	£230,000	£349,165	34% below HPI

ST MILBURGA 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 ST MILBURGA sales from August 2021 and September 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 August 2021 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the September 2023 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is ST MILBURGA?

ST MILBURGA is 69m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 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 ST MILBURGA lies on this distribution: 10% of detached houses are smaller than ST MILBURGA, and 90% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

ST MILBURGA: Plot and Title Map

ST MILBURGA sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of ST MILBURGA, 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 ST MILBURGA). 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 ST MILBURGA?

ST MILBURGA is located on SHEET ROAD in LUDLOW, in the SY8 postcode district. The below map shows the position of ST MILBURGA on SHEET ROAD.