8, LUDFORD DRIVE, STIRCHLEY, TELFORD, TF3 1RD - £163,000

8 LUDFORD DRIVE is a small detached house of 96m², built sometime between 1983 and 1990. It was last sold for £163,000 in May 2015, which was around 26% below the average May 2015 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

8 LUDFORD DRIVE Sold Prices

Land registry data shows three sales for 8 LUDFORD DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the three 8 LUDFORD DRIVE 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
2015 29 MAY	£163,000	£220,254	26% below HPI
2002 23 AUG	£119,995	£138,257	13% below HPI
1996 19 JUL	£59,000	£72,596	19% below HPI

8 LUDFORD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Telford and Wrekin local authority area over time, sourced from the HPI. The three 8 LUDFORD DRIVE sales between July 1996 and May 2015 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 August 2002 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2015 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 8 LUDFORD DRIVE?

8 LUDFORD DRIVE is 96m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 30% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 8 LUDFORD DRIVE lies on this distribution: 28% of detached houses are smaller than 8 LUDFORD DRIVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Telford.

8 LUDFORD DRIVE: Plot and Title Map

8 LUDFORD DRIVE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 8 LUDFORD DRIVE, 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 8 LUDFORD DRIVE). 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 8 LUDFORD DRIVE?

8 LUDFORD DRIVE is located in STIRCHLEY, in the TF3 postcode district. The below map shows the position of No. 8 on LUDFORD DRIVE.