70, SEVERN WAY, CRESSAGE, SHREWSBURY, SY5 6DS - £290,000

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

70 SEVERN WAY is a large extended detached house of 115m², built sometime between 1983 and 1990. It was last sold for £290,000 in June 2017, which was about the average June 2017 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

70 SEVERN WAY Sold Prices

Land registry data shows two sales for 70 SEVERN WAY 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 70 SEVERN WAY sales was roughly equal to the average price, whilst the other was 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
2017 9 JUN	£290,000	£289,363	Close to HPI
2012 4 DEC	£235,000	£250,828	6% below HPI

70 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 two 70 SEVERN WAY sales from December 2012 and June 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 December 2012 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2017 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 70 SEVERN WAY?

70 SEVERN WAY is 115m², which includes two extensions, according to the EPC inspection conducted in March 2017. This puts it in the largest 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 70 SEVERN WAY lies on this distribution: 72% of detached houses are smaller than 70 SEVERN WAY, and 26% of houses are larger. Note that EPC data is not available for all properties in Cressage.

70 SEVERN WAY: Plot and Title Map

70 SEVERN WAY sits on a plot of roughly 0.182 of an acre, or 737m². The below map shows the location of 70 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 70 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 70 SEVERN WAY?

70 SEVERN WAY is located in CRESSAGE, in the SY5 postcode district. The below map shows the position of No. 70 on SEVERN WAY.