7, GREENWAY AVENUE, ALVELEY, BRIDGNORTH, WV15 6PB - £274,000

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

7 GREENWAY AVENUE is a large detached house of 110m², built sometime between 1967 and 1975. It was last sold for £274,000 in May 2020, which was around 11% below the average May 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

7 GREENWAY AVENUE Sold Prices

Land registry data shows two sales for 7 GREENWAY AVENUE 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 7 GREENWAY AVENUE 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
2020 26 MAY	£274,000	£306,665	11% below HPI
2018 22 JUN	£224,000	£299,525	25% below HPI

7 GREENWAY AVENUE 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 7 GREENWAY AVENUE sales from June 2018 and May 2020 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 2018 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2020 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 7 GREENWAY AVENUE?

7 GREENWAY AVENUE is 110m² according to the EPC inspection conducted in March 2014. This puts it in the largest 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 7 GREENWAY AVENUE lies on this distribution: 64% of detached houses are smaller than 7 GREENWAY AVENUE, and 35% of houses are larger. Note that EPC data is not available for all properties in Alveley.

7 GREENWAY AVENUE: Plot and Title Map

7 GREENWAY AVENUE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 7 GREENWAY AVENUE, 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 7 GREENWAY AVENUE). 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 7 GREENWAY AVENUE?

7 GREENWAY AVENUE is located in ALVELEY, in the WV15 postcode district. The below map shows the position of No. 7 on GREENWAY AVENUE.