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Park Lane, SY8 Property Prices - Latest Sales & Trends
Peek into detailed house price data for Park Lane in the SY8 district in Ludlow, and how it compares across the city.
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Associated Postcodes:
SY8 4AJ
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House Prices > Ludlow > SY8 > Park Lane
Market Beat of This Road
How Much Do Homes Cost on Park Lane?
- On Park Lane, 4 property deals have been closed since 2021, with prices averaging £131,800. These homes tend to be around 1,209 square feet, equalling £115 per square foot.
- Property transactions on Park Lane have ranged from £25,000 to £327,500, while the cost per square foot has fluctuated between £15 and £321.
- October 2023 marked the final contract handshake on Park Lane.
Pricing This Street Locally
How Park Lane Prices Compare to Surrounding Areas
By Locality
Woofferton
Houses in Woofferton usually fetch 81% higher prices than on Park Lane. (£238,000 vs £131,800) This indicates that a similar property in Woofferton could cost you an additional £106,300 compared to Park Lane.
By Sector
SY8 4
If you’re considering both locations, choosing Park Lane over the SY8 4 sector could save you around 173% on average. (£359,900 vs £131,800). With that said, picking Park Lane might mean paying £228,200 less than the SY8 4 average.
By District
i.e. SY8
On Park Lane, average property prices sit 95% below those in the SY8 district. (£131,800 vs £256,400). When cost matters, a comparable home on Park Lane could set you back £124,700 less than elsewhere.
By City or Town
i.e. Ludlow
The cost of a house in Ludlow exceeds Park Lane by 98% on average. (£261,000 vs £131,800). With this price difference, buying a property on Park Lane rather than in Ludlow could keep £129,100 in your budget.
Street Highlights at a Glance
What Else Can We Learn About Park Lane?
- With 35 registered properties, this road spans 2 postal boundaries.
- You won’t find any new-build properties on Park Lane.
- The current EPC average for homes on Park Lane is 40 (E), with the possibility of reaching 75 (C).
- Properties along Park Lane are statistically larger than Ludlow homes, with floor areas averaging 1,209 square feet – a 9% uplift from the town standard.
- This street is one of the more dynamic spots locally, with homes reselling after just 22 months – ahead of the 10.79 month turnover seen in the wider SY8 area.
Buying Better in the Area
Your Street-Level Look at Ludlow
Looking to snap up or invest in Ludlow? Explore our expert articles on prime areas, property movements, and tips to seal a great deal.
Also, the Ludlow House Prices page on our site gives you a clean look at how pricing has shifted across homes and boroughs.
Explore the District’s Charm
Exploring SY8: A Local Snapshot
Want a clearer picture of what’s going on in SY8? The key stats are listed below.
283
No. of Roads
2,256
No. of Transactions
£300K
Avg. Property Price
1,088
per sq/ft
Avg. Property Size
£263
per sq/ft
Avg. Cost Per Sq/Ft
Roads Close By to Know
Similar Streets You Might Enjoy
SY8 Roads with Similar Prices
- College Street
- Steventon Crescent
- Rock Lane
- The Wildings
- Seifton Lane
- Churchill Close
Roads Near Park Lane
- Appleyard Close
- Ashley Moor
- Haynall Lane
- C1054 Shropshire Boundary To A456
- Church Lane
- Chantry Pitch
