45, SEVERN WAY, CRESSAGE, SHREWSBURY, SY5 6DS - £230,000

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

45 SEVERN WAY is a midsized extended detached house of 93m², built sometime between 1967 and 1975. It was last sold for £230,000 in July 2017, which was around 21% below the average July 2017 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

45 SEVERN WAY Sold Prices

Land registry data shows four sales for 45 SEVERN WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the four 45 SEVERN 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
2017 18 JUL	£230,000	£291,256	21% below HPI
2013 23 AUG	£192,000	£256,441	25% below HPI
2004 14 MAY	£159,000	£214,672	26% below HPI
1997 14 FEB	£59,000	£86,555	32% below HPI

45 SEVERN WAY 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 four 45 SEVERN WAY sales between February 1997 and July 2017 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 2013 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2017 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 45 SEVERN WAY?

45 SEVERN WAY is 93m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 50% of detached houses in Cressage, based on EPC data. The below chart shows the distribution of detached houses by size in Cressage, and where 45 SEVERN WAY lies on this distribution: 52% of detached houses are smaller than 45 SEVERN WAY, and 48% of houses are larger. Note that EPC data is not available for all properties in Cressage.

45 SEVERN WAY: Plot and Title Map

45 SEVERN WAY sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 45 SEVERN 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 45 SEVERN 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.

Where is 45 SEVERN WAY?

45 SEVERN WAY is located in CRESSAGE, in the SY5 postcode district. The below map shows the position of No. 45 on SEVERN WAY.