Bankside Burway Lane, Ludlow, SY8 1DT is a freehold detached property The property offers approximately 3,132 square feet of living space. In this location, properties of similar size usually have six bedrooms.

The estimated current market value of the property is £425,177 , which equates to approximately £136 per square foot. It was last sold on 26 Jul 2017 for £305,000. Since then, the value has increased by £120,177, representing a 39.4% increase, or approximately 4.7% per year.

The current estimated value of £425,177 is:

  • 43.7% lower than the average property price on Burway Lane
  • 43.9% lower than the average in the SY8 1DT postcode area
  • and 37.2% higher than the average price for Ludlow as a whole

At the most recent EPC inspection on 7 January 2014, the property was recorded as owner-occupied.

View sold house prices in SY8 1DT

Building approximate location

About Property

Type
Detached House
Built
Interior Size
3132 sq ft
Tenure
Freehold
Price (estimate)
£425,177
Price Per sq ft (estimate)
£136
Bedroom Count (estimate)
6 bedrooms

EPC Summary

Bankside Burway Lane, Ludlow, Shropshire, SY8 1DT has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 9 Mar 2020.

This property uses a gas boiler with underfloor heating as its main heating source. It is connected to mains gas. Hot water is provided from the main heating system, supplemented by a solar water heating system. The windows are high performance glazing.

The previous EPC assessment was conducted on 7 Jan 2014, when the property was rated D. Since then, the rating has improved to B, with the energy efficiency score increasing by 31.8%.

Since the previous assessment, several changes were observed:

  • The heating system changed from boiler and radiators, mains gas to boiler and underfloor heating, mains gas, with no change in energy efficiency (good).
  • The hot water system was changed from from main system to from main system, plus solar, with its energy efficiency improving from good to very good.
  • The roof construction or insulation changed from pitched, 250 mm loft insulation to average thermal transmittance 0.16 w/m-¦k, with no change in energy efficiency (good).
  • The wall construction or insulation changed from cavity wall, filled cavity to average thermal transmittance 0.22 w/m-¦k, improving energy efficiency from good to very good.
  • The windows were upgraded from mostly double glazing to high performance glazing.
  • The lighting was updated from low energy lighting in 40% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and underfloor heating, mains gas
Good
Hot Water
From main system, plus solar
Very Good
Floor
Average thermal transmittance 0.15 W/m-¦K
Very Good
Roof
Average thermal transmittance 0.16 W/m-¦K
Good
Walls
Average thermal transmittance 0.22 W/m-¦K
Very Good
Windows
High performance glazing
Very Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SY8 1DT

14 th / 14
Price Rank
44% lower than average
2 nd / 10
Size Rank
41% bigger than average
10 th / 10
Price Per Sq FT Rank
60% lower than average

Compared to other properties in SY8 1DT , this house's estimated value ranks 14th out of 14. Based on price per square foot, it ranks 10th out of 10 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 2nd out of 10 properties in its postcode area.

Sale History

Today
£425,177
streetscan.co.uk estimate
+39 %
26 Jul 2017
£305,000
Leasehold
+10.9 %
2 Dec 2015
£275,000
Leasehold
+175 %
16 Jul 2014
£100,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 10
size: 3154 sq ft
sale price: £925,000
sale date: 5 Mar 2024
rooms: 9
size: 2820 sq ft
sale price: £675,000
sale date: 9 Aug 2019

Data Sources

The property at Bankside Burway Lane, Ludlow, SY8 1DT appears three times in the Land Registry records, with the latest transaction recorded on 26 Jul 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Mar 2020. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.