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
38 BRIDGE WAY is a very small detached house of 55m², built sometime between 1976 and 1982. It was last sold for £144,500 in June 2014, which was around 44% below the average June 2014 detached price in the Shropshire local authority area. The most recent EPC inspection was December 2010, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows two sales for 38 BRIDGE WAY since 1st 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 38 BRIDGE WAY 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 |
---|---|---|---|
2014 10 JUN | £144,500 | £258,283 | 44% below HPI |
2011 16 DEC | £130,000 | £247,579 | 47% below HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The two 38 BRIDGE WAY sales from December 2011 and June 2014 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 December 2011 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the June 2014 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.
38 BRIDGE WAY is 55m² according to the EPC inspection conducted in December 2010. This puts it in the smallest 10% of detached houses in Shawbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shawbury, and where 38 BRIDGE WAY lies on this distribution: 1% of detached houses are smaller than 38 BRIDGE WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Shawbury.
38 BRIDGE WAY sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 38 BRIDGE WAY, 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 38 BRIDGE WAY). 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.
38 BRIDGE WAY is located in SHAWBURY, in the SY4 postcode district. The below map shows the position of No. 38 on BRIDGE WAY.