54, SEVERN WAY, CRESSAGE, SHREWSBURY, SY5 6DS - £84,000

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

54 SEVERN WAY is a large extended detached house of 113m², built sometime between 1983 and 1990. It was last sold for £84,000 in January 1998, which was around 12% below the average January 1998 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was C.

54 SEVERN WAY Sold Prices

Land registry data shows two sales for 54 SEVERN WAY 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. Both of the two 54 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
1998 23 JAN	£84,000	£95,272	12% below HPI
1996 5 JUL	£75,000	£83,136	10% below HPI

54 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 two 54 SEVERN WAY sales from July 1996 and January 1998 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 1996 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 1998 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 54 SEVERN WAY?

54 SEVERN WAY is 113m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the largest 30% of detached houses in Cressage, based on EPC data. The below chart shows the distribution of detached houses by size in Cressage, and where 54 SEVERN WAY lies on this distribution: 71% of detached houses are smaller than 54 SEVERN WAY, and 29% of houses are larger. Note that EPC data is not available for all properties in Cressage.

54 SEVERN WAY: Plot and Title Map

54 SEVERN WAY sits on a plot of roughly 0.137 of an acre, or 552m². The below map shows the location of 54 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 54 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 54 SEVERN WAY?

54 SEVERN WAY is located in CRESSAGE, in the SY5 postcode district. The below map shows the position of No. 54 on SEVERN WAY.