7, THE OAKS, KIDDERMINSTER ROAD, ALVELEY, BRIDGNORTH, WV15 6LN - £285,000

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

7 THE OAKS is a large detached house of 128m². It was last sold for £285,000 in January 2017, which was around 2% below the average January 2017 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

7 THE OAKS Sold Prices

Land registry data shows two sales for 7 THE OAKS 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. One of the two 7 THE OAKS sales was for below the average price, whilst the other was for above 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
2017 6 JAN	£285,000	£291,496	2% below HPI
2013 13 MAY	£295,000	£251,897	17% above HPI

7 THE OAKS 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 THE OAKS sales from May 2013 and January 2017 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 May 2013 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the January 2017 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 7 THE OAKS?

7 THE OAKS is 128m² according to the EPC inspection conducted in July 2011. This puts it in the largest 30% 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 THE OAKS lies on this distribution: 79% of detached houses are smaller than 7 THE OAKS, and 21% of houses are larger. Note that EPC data is not available for all properties in Alveley.

7 THE OAKS: Plot and Title Map

7 THE OAKS sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 7 THE OAKS, 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 THE OAKS). 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 THE OAKS?

7 THE OAKS is located on KIDDERMINSTER ROAD in ALVELEY, in the WV15 postcode district. The below map shows the position of 7 THE OAKS on KIDDERMINSTER ROAD.