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
54 BRIDGE ROAD is a small detached house of 85m², built sometime between 1967 and 1975. It was last sold for £162,000 in August 2012, which was around 35% below the average August 2012 detached price in the Shropshire local authority area. The most recent EPC inspection was December 2011, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 54 BRIDGE ROAD 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 54 BRIDGE ROAD 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 2 AUG | £162,000 | £250,158 | 35% below HPI |
2009 16 JUL | £185,000 | £238,343 | 22% below HPI |
2001 4 MAY | £102,000 | £130,948 | 22% 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 54 BRIDGE ROAD sales between May 2001 and August 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 July 2009 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2012 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.
54 BRIDGE ROAD is 85m² according to the EPC inspection conducted in December 2011. This puts it in the smallest 40% of detached houses in Alveley, based on EPC data. The below chart shows the distribution of detached houses by size in Alveley, and where 54 BRIDGE ROAD lies on this distribution: 34% of detached houses are smaller than 54 BRIDGE ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Alveley.
54 BRIDGE ROAD sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 54 BRIDGE ROAD, 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 54 BRIDGE ROAD). 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.
54 BRIDGE ROAD is located in ALVELEY, in the WV15 postcode district. The below map shows the position of No. 54 on BRIDGE ROAD.