3, HAZEL GROVE, ALVELEY, BRIDGNORTH, WV15 6JW - £240,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 HAZEL GROVE is a midsized extended detached house of 96m², built sometime between 1967 and 1975. It was last sold for £240,000 in June 2018, which was around 20% below the average June 2018 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2017, where the current energy rating was F, and the potential energy rating was C.

3 HAZEL GROVE Sold Prices

Land registry data shows three sales for 3 HAZEL GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the three 3 HAZEL GROVE 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
2018 1 JUN	£240,000	£299,525	20% below HPI
2004 16 SEP	£56,500	£239,150	76% below HPI
1998 12 FEB	£58,000	£93,580	38% below HPI

3 HAZEL GROVE 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 three 3 HAZEL GROVE sales between February 1998 and June 2018 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 September 2004 sale was for 76% below the HPI. So the extrapolation line tracks at 76% below the HPI over time, until the June 2018 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 3 HAZEL GROVE?

3 HAZEL GROVE is 96m², which includes two extensions, according to the EPC inspection conducted in May 2017. This puts it in the smallest 50% 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 HAZEL GROVE lies on this distribution: 45% of detached houses are smaller than 3 HAZEL GROVE, and 52% of houses are larger. Note that EPC data is not available for all properties in Alveley.

3 HAZEL GROVE: Plot and Title Map

3 HAZEL GROVE sits on a plot of roughly 0.151 of an acre, or 610m². The below map shows the location of 3 HAZEL GROVE, 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 HAZEL GROVE). 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 HAZEL GROVE?

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