2, THE ORCHARD, QUARRY GARDENS, LUDLOW, SY8 1RD - £330,000

2 THE ORCHARD is a very large detached house of 180m², built sometime from 2007 onwards. It was last sold for £330,000 in February 2020, which was around 5% above the average February 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

2 THE ORCHARD Sold Prices

Land registry data shows two sales for 2 THE ORCHARD 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 2 THE ORCHARD sales was for above 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
2020 26 FEB	£330,000	£312,843	5% above HPI
2010 2 SEP	£250,000	£263,429	5% below HPI

2 THE ORCHARD 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 2 THE ORCHARD sales from September 2010 and February 2020 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 2010 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2020 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 2 THE ORCHARD?

2 THE ORCHARD is 180m² according to the EPC inspection conducted in June 2017. 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 2 THE ORCHARD lies on this distribution: 94% of detached houses are smaller than 2 THE ORCHARD, and 6% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

2 THE ORCHARD: Plot and Title Map

2 THE ORCHARD sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 2 THE ORCHARD, 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 2 THE ORCHARD). 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 2 THE ORCHARD?

2 THE ORCHARD is located on QUARRY GARDENS in LUDLOW, in the SY8 postcode district. The below map shows the position of 2 THE ORCHARD on QUARRY GARDENS.