Melverley Burway Lane, Ludlow, SY8 1DT is a freehold detached property The property offers approximately 2,271 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 £425,493 , which equates to approximately £187 per square foot. It was last sold on 22 Nov 2013 for £265,000. Since then, the value has increased by £160,493, representing a 60.6% increase, or approximately 5.0% per year.

The current estimated value of £425,493 is:

  • 43.7% lower than the average property price on Burway Lane
  • 43.8% lower than the average in the SY8 1DT postcode area
  • and 37.3% higher than the average price for Ludlow as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 20 April 2017, 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
2271 sq ft
Tenure
Freehold
Price (estimate)
£425,493
Price Per sq ft (estimate)
£187
Bedroom Count (estimate)
6 bedrooms

EPC Summary

Melverley Burway Lane, Ludlow, Shropshire, SY8 1DT has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 20 Apr 2017.

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 main heating system. The windows are high performance glazing.

The previous EPC assessment was conducted on 10 Jan 2013, when the property was rated E. Since then, the rating has improved to B, with the energy efficiency score increasing by 75.5%.

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 energy efficiency improving from average to good, while the system remained as from main system.
  • The roof construction or insulation changed from pitched, 100 mm loft insulation to average thermal transmittance 0.18 w/m-¦k, improving energy efficiency from average to good.
  • The wall construction or insulation changed from timber frame, as built, partial insulation (assumed) to average thermal transmittance 0.16 w/m-¦k, improving energy efficiency from average to very good.
  • The windows were upgraded from single glazed to high performance glazing.
  • The lighting was updated from low energy lighting in 12% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Boiler and underfloor heating, mains gas
Good
Hot Water
From main system
Good
Floor
Average thermal transmittance 0.22 W/m-¦K
Good
Roof
Average thermal transmittance 0.18 W/m-¦K
Good
Walls
Average thermal transmittance 0.16 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

13 th / 14
Price Rank
44% lower than average
5 th / 10
Size Rank
2% bigger than average
9 th / 10
Price Per Sq FT Rank
45% lower than average

Compared to other properties in SY8 1DT , this house's estimated value ranks 13th out of 14. Based on price per square foot, it ranks 9th 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 5th out of 10 properties in its postcode area.

Sale History

Today
£425,493
streetscan.co.uk estimate
+61 %
22 Nov 2013
£265,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 7
size: 2583 sq ft
sale price: £525,000
sale date: 16 Sep 2016
rooms: 8
size: 2045 sq ft
sale price: £500,000
sale date: 31 Mar 2014

Data Sources

The property at Melverley Burway Lane, Ludlow, Shropshire, SY8 1DT appears once in the Land Registry records, with the transaction recorded on 22 Nov 2013. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Apr 2017. 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.