Melverley Burway Lane

    MELVERLEY, BURWAY LANE, LUDLOW, SY8 1DT

    This detached freehold property on Burway Lane last sold in November 2013 for £265,000. Based on price growth in the SY8 district since then, its estimated current value is £392,233 — placing it in the 66th percentile nationally and the 73rd percentile within SY8. The property covers 211 m² (2,271 sq ft), giving an estimated value of £1,859 per m². The EPC rating is B, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,271 sq ft

    211 m²

    Last Sale Price

    £265,000

    Nov 2013

    Estimated Valuation

    £392,233

    Est. £/sq ft

    £173/sq ft

    £1,859/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2015
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area2,271 sq ft (211 m²)
    EPC dateApr 2017
    WallsAverage thermal transmittance 0.16 W/m²K
    HeatingBoiler and underfloor heating, mains gas

    Transaction History

    22 Nov 2013

    £265,000

    Key Metrics

    Estimated valuation£392,233
    Value per sq ft / m²£173/sq ft (£1,859/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SY8 district percentile73rd percentile
    National percentile66th percentile

    District Context — SY8

    SY8 covers rural and semi-rural areas in south Shropshire, including the market town of Ludlow and surrounding villages. It is a characterful region with strong community appeal, historic market towns, and good access to countryside.

    Average Property Price - SY8

    £309,898

    45

    National percentile

    Average Net Household Income - SY8

    £32,965

    19

    National percentile

    10-Year Annualised Price Growth - SY8

    3.0%

    30

    National percentile

    10-Year Annualised Rent Growth - SY

    3.5%

    25

    National percentile

    View full analysis for SY8

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