3, BOWDLER CLOSE, LUDLOW, SY8 1UG - £320,000

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.

3 BOWDLER CLOSE is a midsized detached house of 109m², built sometime between 1996 and 2002, which could now be worth an estimated £423,320. It was last sold for £320,000 in September 2019, which was about the average September 2019 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was B.

3 BOWDLER CLOSE Sold Prices

Land registry data shows three sales for 3 BOWDLER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. The three 3 BOWDLER 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
2019 20 SEP	£320,000	£319,250	Close to HPI
2001 19 OCT	£125,500	£146,339	14% below HPI
1999 19 NOV	£89,000	£111,846	20% below HPI

3 BOWDLER CLOSE 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 three 3 BOWDLER CLOSE sales between November 1999 and September 2019 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 October 2001 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2019 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 3 BOWDLER CLOSE be worth now?

3 BOWDLER CLOSE might now be worth an estimated £423,320.

This is based on house price inflation of 32.3%, between September 2019 and May 2026, for detached 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 32.3% inflationary increase is applied to the most recent sale price for 3 BOWDLER CLOSE of £320,000 on 20th September 2019. For the value to have increased from £320,000 to £423,320 over the seven years and four months to May 2026, the following assumptions must hold true:

• The value of 3 BOWDLER CLOSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The September 2019 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BOWDLER CLOSE has not materially changed since September 2019.

How Large is 3 BOWDLER CLOSE?

3 BOWDLER CLOSE is 109m² according to the EPC inspection conducted in March 2012. This puts it in the largest 50% of detached houses houses in Ludlow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ludlow, and where 3 BOWDLER CLOSE lies on this distribution: 56% of detached houses houses are smaller than 3 BOWDLER CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

3 BOWDLER CLOSE: Plot and Title Map

3 BOWDLER CLOSE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 3 BOWDLER 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 3 BOWDLER 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 3 BOWDLER CLOSE?

3 BOWDLER CLOSE is located in LUDLOW, in the SY8 postcode district. The below map shows the position of No. 3 on BOWDLER CLOSE.