3, BRIDGE ROAD, ALVELEY, BRIDGNORTH, WV15 6JN - £220,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 BRIDGE ROAD is a small extended detached house of 77m², built sometime between 1976 and 1982. It was last sold for £220,000 in July 2021, which was around 36% below the average July 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was B.

3 BRIDGE ROAD Sold Prices

Land registry data shows two sales for 3 BRIDGE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Both of the two 3 BRIDGE ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 9 JUL	£220,000	£343,544	36% below HPI
2006 30 AUG	£195,000	£260,070	25% below HPI

3 BRIDGE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The two 3 BRIDGE ROAD sales from August 2006 and July 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2021 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 3 BRIDGE ROAD?

3 BRIDGE ROAD is 77m², which includes one extension, according to the EPC inspection conducted in May 2020. This puts it in the smallest 30% of detached houses in Alveley, based on EPC data. The below chart shows the distribution of detached houses by size in Alveley, and where 3 BRIDGE ROAD lies on this distribution: 22% of detached houses are smaller than 3 BRIDGE ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Alveley.

3 BRIDGE ROAD: Plot and Title Map

3 BRIDGE ROAD sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 3 BRIDGE ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 BRIDGE ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 BRIDGE ROAD?

3 BRIDGE ROAD is located in ALVELEY, in the WV15 postcode district. The below map shows the position of No. 3 on BRIDGE ROAD.