DREWEAN, SANDPITS ROAD, LUDLOW, SY8 1HP - £230,000

DREWEAN is a very large extended detached house of 134m², built sometime between 1976 and 1982. It was last sold for £230,000 in March 2021, which was around 32% below the average March 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

DREWEAN Sold Prices

Land registry data shows three sales for DREWEAN 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. All of the three DREWEAN 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
2021 12 MAR	£230,000	£338,371	32% below HPI
2017 18 AUG	£240,000	£293,348	18% below HPI
2005 24 OCT	£177,000	£247,578	29% below HPI

DREWEAN 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 DREWEAN sales between October 2005 and March 2021 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 2017 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is DREWEAN?

DREWEAN is 134m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the largest 20% of detached houses in Ludlow, based on EPC data. The below chart shows the distribution of detached houses by size in Ludlow, and where DREWEAN lies on this distribution: 81% of detached houses are smaller than DREWEAN, and 18% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

DREWEAN: Plot and Title Map

DREWEAN sits on a plot of roughly 0.067 of an acre, or 269m². The below map shows the location of DREWEAN, 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 DREWEAN). 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 DREWEAN?

DREWEAN is located on SANDPITS ROAD in LUDLOW, in the SY8 postcode district. The below map shows the position of DREWEAN on SANDPITS ROAD.