22, BEECH CLOSE, LUDLOW, SY8 2PD - £120,000

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.

22 BEECH CLOSE is a very small terraced house of 41m², built sometime between 1983 and 1990, which could now be worth an estimated £126,992. It was last sold for £120,000 in October 2023, which was around 40% below the average October 2023 terraced price in the Shropshire local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

22 BEECH CLOSE Sold Prices

Land registry data shows four sales for 22 BEECH CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Shropshire local authority area for the corresponding sale date. All of the four 22 BEECH 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
2023 27 OCT	£120,000	£198,373	40% below HPI
2021 26 JUL	£102,000	£176,917	42% below HPI
2013 5 JUL	£79,000	£129,903	39% below HPI
2002 12 DEC	£54,950	£81,385	32% below HPI

22 BEECH 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 four 22 BEECH CLOSE sales between December 2002 and October 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 July 2021 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the October 2023 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 22 BEECH CLOSE be worth now?

22 BEECH CLOSE might now be worth an estimated £126,992.

This is based on house price inflation of 5.8%, between October 2023 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 5.8% inflationary increase is applied to the most recent sale price for 22 BEECH CLOSE of £120,000 on 27th October 2023. For the value to have increased from £120,000 to £126,992 over the three years and six months to April 2026, the following assumptions must hold true:

• The value of 22 BEECH CLOSE has moved in line with the HPI for terraced houses in the Shropshire local authority area.
• The October 2023 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 22 BEECH CLOSE has not materially changed since October 2023.

How Large is 22 BEECH CLOSE?

22 BEECH CLOSE is 41m² according to the EPC inspection conducted in May 2023. 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 22 BEECH CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 22 BEECH CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

22 BEECH CLOSE: Plot and Title Map

22 BEECH CLOSE sits on a plot of roughly 0.020 of an acre, or 81m². The below map shows the location of 22 BEECH 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 22 BEECH 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 22 BEECH CLOSE?

22 BEECH CLOSE is located in LUDLOW, in the SY8 postcode district. The below map shows the position of No. 22 on BEECH CLOSE.