4, BRIDGE ROAD, ALVELEY, BRIDGNORTH, WV15 6JP - £195,000

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

4 BRIDGE ROAD is a small detached house of 87m², built sometime between 1967 and 1975. It was last sold for £195,000 in December 2014, which was around 26% below the average December 2014 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2024, where the current energy rating was D, and the potential energy rating was B.

4 BRIDGE ROAD Sold Prices

Land registry data shows three sales for 4 BRIDGE ROAD 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 4 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
2014 19 DEC	£195,000	£262,776	26% below HPI
2013 5 JUN	£175,000	£253,034	31% below HPI
2004 8 APR	£188,000	£215,212	13% below HPI

4 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 three 4 BRIDGE ROAD sales between April 2004 and December 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 June 2013 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2014 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 4 BRIDGE ROAD?

4 BRIDGE ROAD is 87m² according to the EPC inspection conducted in July 2024. This puts it in the smallest 40% of detached houses in Alveley, based on EPC data. The below chart shows the distribution of detached houses by size in Alveley, and where 4 BRIDGE ROAD lies on this distribution: 36% of detached houses are smaller than 4 BRIDGE ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Alveley.

4 BRIDGE ROAD: Plot and Title Map

4 BRIDGE ROAD sits on a plot of roughly 0.125 of an acre, or 508m². The below map shows the location of 4 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 4 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 4 BRIDGE ROAD?

4 BRIDGE ROAD is located in ALVELEY, in the WV15 postcode district. The below map shows the position of No. 4 on BRIDGE ROAD.