8, GRASMERE DRIVE, HIGHLEY, BRIDGNORTH, WV16 6EE - £225,000

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

8 GRASMERE DRIVE is a small detached house of 88m², built sometime between 1967 and 1975. It was last sold for £225,000 in June 2016, which was around 19% below the average June 2016 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was D.

8 GRASMERE DRIVE Sold Prices

Land registry data shows five sales for 8 GRASMERE DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. The five 8 GRASMERE DRIVE sales were a mix of below the average price, and roughly equal to 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
2016 17 JUN	£225,000	£277,159	19% below HPI
2015 21 AUG	£250,000	£273,708	9% below HPI
2009 14 DEC	£249,950	£250,389	Close to HPI
2007 10 AUG	£247,500	£274,479	10% below HPI
2006 31 MAR	£172,500	£243,607	29% below HPI

8 GRASMERE 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 five 8 GRASMERE DRIVE sales between March 2006 and June 2016 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 August 2015 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the June 2016 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 8 GRASMERE DRIVE?

8 GRASMERE DRIVE is 88m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 40% of detached houses in Highley, based on EPC data. The below chart shows the distribution of detached houses by size in Highley, and where 8 GRASMERE DRIVE lies on this distribution: 34% of detached houses are smaller than 8 GRASMERE DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Highley.

8 GRASMERE DRIVE: Plot and Title Map

8 GRASMERE DRIVE sits on a plot of roughly 0.180 of an acre, or 728m². The below map shows the location of 8 GRASMERE 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 8 GRASMERE 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 8 GRASMERE DRIVE?

8 GRASMERE DRIVE is located in HIGHLEY, in the WV16 postcode district. The below map shows the position of No. 8 on GRASMERE DRIVE.