72, NEW ROAD, LUDLOW, SY8 2LS - £157,000

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.

72 NEW ROAD is a very small terraced house of 76m², built sometime before 1900, which could now be worth an estimated £260,009. It was last sold for £157,000 in October 2005, which was around 24% above the average October 2005 terraced price in the Shropshire local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was C.

72 NEW ROAD Sold Prices

Land registry data shows two sales for 72 NEW ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Shropshire local authority area for the corresponding sale date. Both of the two 72 NEW ROAD sales were for above 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
2005 7 OCT	£157,000	£126,434	24% above HPI
1998 17 APR	£44,000	£43,140	2% above HPI

72 NEW ROAD 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 two 72 NEW ROAD sales from April 1998 and October 2005 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 April 1998 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2005 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 72 NEW ROAD be worth now?

72 NEW ROAD might now be worth an estimated £260,009.

This is based on house price inflation of 65.6%, between October 2005 and May 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 65.6% inflationary increase is applied to the most recent sale price for 72 NEW ROAD of £157,000 on 7th October 2005. For the value to have increased from £157,000 to £260,009 over the 21 years and five months to May 2026, the following assumptions must hold true:

• The value of 72 NEW ROAD has moved in line with the HPI for terraced houses in the Shropshire local authority area.
• The October 2005 sale price of £157,000 represented a fair market value for the property.
• The size, condition, and specification of 72 NEW ROAD has not materially changed since October 2005.

How Large is 72 NEW ROAD?

72 NEW ROAD is 76m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 20% 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 72 NEW ROAD lies on this distribution: 15% of terraced houses houses are smaller than 72 NEW ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

72 NEW ROAD: Plot and Title Map

72 NEW ROAD sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 72 NEW ROAD, 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 72 NEW ROAD). 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 72 NEW ROAD?

72 NEW ROAD is located in LUDLOW, in the SY8 postcode district. The below map shows the position of No. 72 on NEW ROAD.