7A, REDSTONE DRIVE, HIGHLEY, BRIDGNORTH, WV16 6EW - £180,000

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

7A REDSTONE DRIVE is a midsized extended detached house of 97m², built sometime between 1976 and 1982. It was last sold for £180,000 in May 2014, which was around 31% below the average May 2014 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

7A REDSTONE DRIVE Sold Prices

Land registry data shows three sales for 7A REDSTONE DRIVE 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 7A REDSTONE DRIVE 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
2014 2 MAY	£180,000	£259,575	31% below HPI
2004 26 JUL	£163,000	£226,153	28% below HPI
1998 10 FEB	£80,000	£93,580	15% below HPI

7A REDSTONE DRIVE 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 7A REDSTONE DRIVE sales between February 1998 and May 2014 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 July 2004 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2014 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 7A REDSTONE DRIVE?

7A REDSTONE DRIVE is 97m², which includes one extension, according to the EPC inspection conducted in January 2013. This puts it in the largest 50% of detached houses in Highley, based on EPC data. The below chart shows the distribution of detached houses by size in Highley, and where 7A REDSTONE DRIVE lies on this distribution: 52% of detached houses are smaller than 7A REDSTONE DRIVE, and 47% of houses are larger. Note that EPC data is not available for all properties in Highley.

7A REDSTONE DRIVE: Plot and Title Map

7A REDSTONE DRIVE sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 7A REDSTONE DRIVE, 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 7A REDSTONE DRIVE). 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 7A REDSTONE DRIVE?

7A REDSTONE DRIVE is located in HIGHLEY, in the WV16 postcode district. The below map shows the position of No. 7A on REDSTONE DRIVE.