64, SEVERN WAY, CRESSAGE, SHREWSBURY, SY5 6DS - £227,000

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

64 SEVERN WAY is a small detached house of 72m², built sometime between 1976 and 1982. It was last sold for £227,000 in December 2023, which was around 42% below the average December 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

64 SEVERN WAY Sold Prices

Land registry data shows five sales for 64 SEVERN WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the five 64 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
2023 1 DEC	£227,000	£388,093	42% below HPI
2023 30 NOV	£265,000	£394,526	33% below HPI
2017 21 DEC	£192,000	£298,013	36% below HPI
2003 17 JAN	£130,000	£181,976	29% below HPI
2002 12 JUL	£92,500	£160,697	42% below HPI

64 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 five 64 SEVERN WAY sales between July 2002 and December 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 November 2023 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2023 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 64 SEVERN WAY?

64 SEVERN WAY is 72m² according to the EPC inspection conducted in June 2022. 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 64 SEVERN WAY lies on this distribution: 29% of detached houses are smaller than 64 SEVERN WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Cressage.

64 SEVERN WAY: Plot and Title Map

64 SEVERN WAY sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 64 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 64 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 64 SEVERN WAY?

64 SEVERN WAY is located in CRESSAGE, in the SY5 postcode district. The below map shows the position of No. 64 on SEVERN WAY.