5, PARK VIEW, HIGHLEY, BRIDGNORTH, WV16 6LA - £175,000

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

5 PARK VIEW is a very small extended detached house of 79m², built sometime between 1991 and 1995. It was last sold for £175,000 in May 2018, which was around 41% below the average May 2018 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.

5 PARK VIEW Sold Prices

Land registry data shows four sales for 5 PARK VIEW 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 5 PARK VIEW 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 4 MAY	£175,000	£296,692	41% below HPI
2012 9 FEB	£162,000	£242,528	33% below HPI
2003 27 FEB	£114,950	£182,992	37% below HPI
1995 14 MAR	£54,500	£81,956	34% below HPI

5 PARK VIEW 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 5 PARK VIEW sales between March 1995 and May 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 February 2012 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2018 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 5 PARK VIEW?

5 PARK VIEW is 79m², which includes one extension, according to the EPC inspection conducted in November 2008. This puts it in the smallest 20% of detached houses in Highley, based on EPC data. The below chart shows the distribution of detached houses by size in Highley, and where 5 PARK VIEW lies on this distribution: 19% of detached houses are smaller than 5 PARK VIEW, and 81% of houses are larger. Note that EPC data is not available for all properties in Highley.

5 PARK VIEW: Plot and Title Map

5 PARK VIEW sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 5 PARK VIEW, 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 5 PARK VIEW). 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 5 PARK VIEW?

5 PARK VIEW is located in HIGHLEY, in the WV16 postcode district. The below map shows the position of No. 5 on PARK VIEW.