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
5 PRINCESS DRIVE is a very small detached house of 69m², built sometime between 1976 and 1982. It was last sold for £190,000 in March 2012, which was around 22% below the average March 2012 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 5 PRINCESS DRIVE 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 5 PRINCESS DRIVE 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 |
---|---|---|---|
2012 20 MAR | £190,000 | £242,488 | 22% below HPI |
1997 18 APR | £78,950 | £87,775 | 10% below HPI |
1995 25 MAY | £68,750 | £82,565 | 17% 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 5 PRINCESS DRIVE sales between May 1995 and March 2012 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 April 1997 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2012 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.
5 PRINCESS DRIVE is 69m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 10% of detached houses in Bridgnorth, based on EPC data. The below chart shows the distribution of detached houses by size in Bridgnorth, and where 5 PRINCESS DRIVE lies on this distribution: 8% of detached houses are smaller than 5 PRINCESS DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Bridgnorth.
5 PRINCESS DRIVE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 5 PRINCESS DRIVE, 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 PRINCESS DRIVE). 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.
5 PRINCESS DRIVE is located in BRIDGNORTH, in the WV16 postcode district. The below map shows the position of No. 5 on PRINCESS DRIVE.