66, SEVERN WAY, CRESSAGE, SHREWSBURY, SY5 6DS - £262,500

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

66 SEVERN WAY is a very large extended detached house of 136m², built sometime between 1983 and 1990. It was last sold for £262,500 in March 2019, which was around 15% below the average March 2019 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

66 SEVERN WAY Sold Prices

Land registry data shows three sales for 66 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 66 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
2019 20 MAR	£262,500	£310,123	15% below HPI
2004 6 FEB	£180,000	£213,308	16% below HPI
2001 3 SEP	£114,000	£140,055	19% below HPI

66 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 66 SEVERN WAY sales between September 2001 and March 2019 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 2004 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2019 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 66 SEVERN WAY?

66 SEVERN WAY is 136m², which includes two extensions, according to the EPC inspection conducted in July 2016. This puts it in the largest 20% of detached houses in Cressage, based on EPC data. The below chart shows the distribution of detached houses by size in Cressage, and where 66 SEVERN WAY lies on this distribution: 81% of detached houses are smaller than 66 SEVERN WAY, and 19% of houses are larger. Note that EPC data is not available for all properties in Cressage.

66 SEVERN WAY: Plot and Title Map

66 SEVERN WAY sits on a plot of roughly 0.128 of an acre, or 518m². The below map shows the location of 66 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 66 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 66 SEVERN WAY?

66 SEVERN WAY is located in CRESSAGE, in the SY5 postcode district. The below map shows the position of No. 66 on SEVERN WAY.