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 HAZEL GROVE is a very large extended detached house of 135m², built sometime between 1967 and 1975. It was last sold for £184,995 in May 2005, which was around 22% below the average May 2005 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 4 HAZEL GROVE since 1st 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 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 |
---|---|---|---|
2005 18 MAY | £184,995 | £236,908 | 22% below HPI |
2004 11 OCT | £180,000 | £239,044 | 25% below HPI |
2002 30 MAY | £136,500 | £149,374 | 9% below HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The three 4 HAZEL GROVE sales between May 2002 and May 2005 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 October 2004 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2005 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.
4 HAZEL GROVE is 135m², which includes two extensions, according to the EPC inspection conducted in November 2018. This puts it in the largest 20% 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 HAZEL GROVE lies on this distribution: 85% of detached houses are smaller than 4 HAZEL GROVE, and 15% of houses are larger. Note that EPC data is not available for all properties in Alveley.
4 HAZEL GROVE sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of 4 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 4 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.
4 HAZEL GROVE is located in ALVELEY, in the WV15 postcode district. The below map shows the position of No. 4 on HAZEL GROVE.