61, SEVERN WAY, CRESSAGE, SHREWSBURY, SY5 6DS - £155,000

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

61 SEVERN WAY is a small detached house of 68m², built sometime between 1991 and 1995. It was last sold for £155,000 in April 2012, which was around 36% below the average April 2012 detached price in the Shropshire local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

61 SEVERN WAY Sold Prices

Land registry data shows three sales for 61 SEVERN WAY since 1^st 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 61 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
2012 4 APR	£155,000	£241,180	36% below HPI
2004 2 JUN	£185,000	£219,342	16% below HPI
2001 21 FEB	£88,000	£125,258	30% below HPI

61 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 three 61 SEVERN WAY sales between February 2001 and April 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 June 2004 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the April 2012 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 61 SEVERN WAY?

61 SEVERN WAY is 68m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 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 61 SEVERN WAY lies on this distribution: 20% of detached houses are smaller than 61 SEVERN WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Cressage.

61 SEVERN WAY: Plot and Title Map

61 SEVERN WAY sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 61 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 61 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 61 SEVERN WAY?

61 SEVERN WAY is located in CRESSAGE, in the SY5 postcode district. The below map shows the position of No. 61 on SEVERN WAY.