Mill Lodge, Ludlow
Mill Lodge, Ludlow
Description & Estimates
Mill Lodge, Ludlow is recorded publicly as a modern freehold house across 1,603 ft2 of internal area, sitting on a 812 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Mill Lodge, Ludlow is £550,046 and its rental estimate is £1,361 per month, given the available information and assuming reasonable condition.
Stoke St. Milborough, Ludlow, SY8 falls within the SY8 postal district.
Our Data Sources
Mill Lodge, Ludlow has a single entry in the Land Registry from July 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Mill Lodge, Ludlow, we estimate a market value of £577,548 and a rental value of £1,429 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £511,543 and £1,266 per month respectively.
Recent Market Change
Over the last year, Mill Lodge, Ludlow has seen its estimated sale value decline by £15,041 (2.7%) and its estimated rental value climb by £31 per month (2.3%). This results in an estimated gross rental yield of 3.0%.
Plot Size
HM Land Registry records the plot of land for Mill Lodge, Ludlow as measuring 812 m2.
That makes it the 23rd largest plot in the postcode, where 27 of the 33 other houses have recorded plot data.
Energy Efficiency
Mill Lodge, Ludlow has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Apr 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of Mill Lodge, Ludlow completed on 31st July 2012 at £320,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 41.6% over the period since July 2012.
- Sold Jul 2012£320,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Mill Lodge, Ludlow have sold within a radius of 7.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th October 2021, was Snails Park, Ludlow, SY8 2EJ, a freehold house which sold for £610,000.
Read more about house prices in SY8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 68 addresses on Stoke St. Milborough, Ludlow, SY8, Mill Lodge, Ludlow comes out as the 31st largest and the 22nd most expensive in our analysis of the public data.
It is also £232k more expensive than the average property across the SY8 district.
More reading links
Schools Nearby
- 4.9kmBitterley CofE Primary School (Aided)
- 6.7kmCorvedale CofE Primary School
- 7.4kmFarlow CofE Primary School
- 9.0kmLudlow Church of England School
- 12.1kmThe Lacon Childe School
- 15.0kmTenbury High Ormiston Academy
More reading links
Public Transport Nearby
From Mill Lodge, Ludlow, the nearest station is Ludlow, 9.1 kilometres away.
- 9.1kmLudlow
- 13.6kmCraven Arms
- 15.9kmChurch Stretton
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
