24, LIME CLOSE, LUDLOW, SY8 2PP - £162,500

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.

24 LIME CLOSE is a very small terraced house of 59m², built sometime between 1983 and 1990, which could now be worth an estimated £210,804. It was last sold for £162,500 in September 2020, which was about the average September 2020 terraced price in the Shropshire local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

24 LIME CLOSE Sold Prices

Land registry data shows nine sales for 24 LIME CLOSE since 1^st January 1995. The below table shows the price paid for the nine sales, along with the average terraced price in the Shropshire local authority area for the corresponding sale date. The nine 24 LIME CLOSE sales were a mix of roughly equal to the average price, and 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 4 SEP	£162,500	£161,827	Close to HPI
2017 21 FEB	£130,000	£145,916	11% below HPI
2008 23 MAY	£124,950	£141,412	12% below HPI
2006 31 MAY	£119,995	£128,714	7% below HPI
2004 3 AUG	£109,995	£117,587	6% below HPI
2000 13 JUL	£45,500	£55,210	18% below HPI
1999 19 NOV	£44,000	£49,565	11% below HPI
1998 31 JUL	£41,500	£44,507	7% below HPI
1997 19 AUG	£41,500	£42,894	3% below HPI

24 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 nine 24 LIME CLOSE sales between August 1997 and September 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 February 2017 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2020 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 24 LIME CLOSE be worth now?

24 LIME CLOSE might now be worth an estimated £210,804.

This is based on house price inflation of 29.7%, between September 2020 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 29.7% inflationary increase is applied to the most recent sale price for 24 LIME CLOSE of £162,500 on 4th September 2020. For the value to have increased from £162,500 to £210,804 over the six years and five months to April 2026, the following assumptions must hold true:

• The value of 24 LIME CLOSE has moved in line with the HPI for terraced houses in the Shropshire local authority area.
• The September 2020 sale price of £162,500 represented a fair market value for the property.
• The size, condition, and specification of 24 LIME CLOSE has not materially changed since September 2020.

How Large is 24 LIME CLOSE?

24 LIME CLOSE is 59m² according to the EPC inspection conducted in October 2019. 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 24 LIME CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 24 LIME CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

24 LIME CLOSE: Plot and Title Map

24 LIME CLOSE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 24 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 24 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 24 LIME CLOSE?

24 LIME CLOSE is located in LUDLOW, in the SY8 postcode district. The below map shows the position of No. 24 on LIME CLOSE.