2, Orchard Lea
2, Orchard Lea
Description & Estimates
Public records show 2, Orchard Lea, Ludlow to be a mid-century freehold house with 1,011 ft2 of internal area, sitting on a 716 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
2, Orchard Lea, Ludlow has an estimated sale value of £259,706 and an estimated rental value of £1,052 per month, assuming reasonable condition and based on the information available.
Orchard Lea, Bitterley, Ludlow, SY8 lies within the SY8 postal district.
Our Data Sources
2, Orchard Lea, Ludlow has a single entry in the Land Registry from September 2012 and a single entry in the EPC database dated April 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 2, Orchard Lea, Ludlow would be worth £272,692, with a potential rental value of £1,104 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £241,527, with a rental value of £978 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Orchard Lea, Ludlow has fallen by £2,577 (1.0%) over the last year. During the same period, its estimated monthly rental value has moved up by £39 (3.7%). The property's estimated gross yield is currently 4.9%.
Plot Size
2, Orchard Lea, Ludlow occupies a 716 m2 plot as recorded by HM Land Registry.
All 8 other houses in this postcode have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
2, Orchard Lea, Ludlow has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Apr 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
2, Orchard Lea, Ludlow last changed hands on 24th September 2012, selling for £155,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 47.0% since September 2012.
- Sold Sep 2012£155,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.5 kilometres of 2, Orchard Lea, Ludlow across the last 2 years.
Most recently, 4, Orchard Lea, Ludlow, SY8 3HG, a freehold house, sold at £175,000 on the 15th December 2017.
Read more about house prices in SY8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 2, Orchard Lea, Ludlow as the 8th largest and the 2nd most expensive of the 8 addresses on Orchard Lea, Bitterley, Ludlow, SY8.
Against the SY8 postcode district average, it is £58k less expensive than the typical property.
More reading links
Schools Nearby
- 100mBitterley CofE Primary School (Aided)
- 3.7kmClee Hill Community Academy
- 4.5kmLudlow Primary School
- 5.9kmLudlow Church of England School
- 10.3kmTenbury High Ormiston Academy
- 11.0kmThe Lacon Childe School
More reading links
Public Transport Nearby
Ludlow station is the nearest stop to 2, Orchard Lea, Ludlow at 5.4 kilometres away.
- 5.4kmLudlow
- 14.2kmCraven Arms
- 16.7kmBroome
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
