5, SEVERN CRESCENT, EARDINGTON, BRIDGNORTH, WV16 5JY - £298,000

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 SEVERN CRESCENT is a small detached house of 118m², built sometime between 1991 and 1995. It was last sold for £298,000 in September 2023, which was around 24% below the average September 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was D.

5 SEVERN CRESCENT Sold Prices

Land registry data shows two sales for 5 SEVERN CRESCENT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. One of the two 5 SEVERN CRESCENT sales was for below the average price, whilst the other was for above 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
2023 6 SEP	£298,000	£393,176	24% below HPI
2003 10 FEB	£222,000	£182,992	21% above HPI

5 SEVERN CRESCENT 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 two 5 SEVERN CRESCENT sales from February 2003 and September 2023 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 2003 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the September 2023 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 5 SEVERN CRESCENT?

5 SEVERN CRESCENT is 118m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 40% of detached houses in Eardington, based on EPC data. The below chart shows the distribution of detached houses by size in Eardington, and where 5 SEVERN CRESCENT lies on this distribution: 36% of detached houses are smaller than 5 SEVERN CRESCENT, and 64% of houses are larger. Note that EPC data is not available for all properties in Eardington.

5 SEVERN CRESCENT: Plot and Title Map

5 SEVERN CRESCENT sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 5 SEVERN CRESCENT, 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 SEVERN CRESCENT). 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 SEVERN CRESCENT?

5 SEVERN CRESCENT is located in EARDINGTON, in the WV16 postcode district. The below map shows the position of No. 5 on SEVERN CRESCENT.