18, LIME CLOSE, LUDLOW, SY8 2PP - £119,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 LIME CLOSE is a very small terraced house of 60m², built sometime between 1967 and 1975, which could now be worth an estimated £179,744. It was last sold for £119,000 in August 2015, which was around 14% below the average August 2015 terraced price in the Shropshire local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was C.

18 LIME CLOSE Sold Prices

Land registry data shows three sales for 18 LIME CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Shropshire local authority area for the corresponding sale date. All of the three 18 LIME CLOSE 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 3 AUG	£119,000	£138,985	14% below HPI
2000 7 FEB	£44,750	£49,473	10% below HPI
1996 13 SEP	£37,000	£39,964	7% below HPI

18 LIME CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Shropshire local authority area over time, sourced from the HPI. The three 18 LIME CLOSE sales between September 1996 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 February 2000 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2015 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 18 LIME CLOSE be worth now?

18 LIME CLOSE might now be worth an estimated £179,744.

This is based on house price inflation of 51%, between August 2015 and April 2026, for terraced houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 51% inflationary increase is applied to the most recent sale price for 18 LIME CLOSE of £119,000 on 3rd August 2015. For the value to have increased from £119,000 to £179,744 over the eleven years and four months to April 2026, the following assumptions must hold true:

• The value of 18 LIME CLOSE has moved in line with the HPI for terraced houses in the Shropshire local authority area.
• The August 2015 sale price of £119,000 represented a fair market value for the property.
• The size, condition, and specification of 18 LIME CLOSE has not materially changed since August 2015.

How Large is 18 LIME CLOSE?

18 LIME CLOSE is 60m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of terraced houses houses in Ludlow, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ludlow, and where 18 LIME CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 18 LIME CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

18 LIME CLOSE: Plot and Title Map

18 LIME CLOSE sits on a plot of roughly 0.030 of an acre, or 121m². The below map shows the location of 18 LIME CLOSE, 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 18 LIME CLOSE). 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 18 LIME CLOSE?

18 LIME CLOSE is located in LUDLOW, in the SY8 postcode district. The below map shows the position of No. 18 on LIME CLOSE.