8, HONEYBOURNE ROAD, ALVELEY, BRIDGNORTH, WV15 6PP - £325,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 HONEYBOURNE ROAD is a midsized detached house of 104m², built sometime between 1967 and 1975, which could now be worth an estimated £424,801. It was last sold for £325,000 in September 2019, which was around 2% above the average September 2019 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was C.

8 HONEYBOURNE ROAD Sold Prices

Land registry data shows three sales for 8 HONEYBOURNE ROAD 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. One of the three 8 HONEYBOURNE ROAD sales was for above the average price, whilst two 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
2019 26 SEP	£325,000	£319,250	2% above HPI
2011 16 JUN	£237,000	£259,561	9% below HPI
1996 25 NOV	£79,500	£88,696	10% below HPI

8 HONEYBOURNE ROAD 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 8 HONEYBOURNE ROAD sales between November 1996 and September 2019 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 2011 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2019 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 8 HONEYBOURNE ROAD be worth now?

8 HONEYBOURNE ROAD might now be worth an estimated £424,801.

This is based on house price inflation of 30.7%, between September 2019 and February 2025, for detached houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.7% inflationary increase is applied to the most recent sale price for 8 HONEYBOURNE ROAD of £325,000 on 26th September 2019. For the value to have increased from £325,000 to £424,801 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 8 HONEYBOURNE ROAD has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The September 2019 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 8 HONEYBOURNE ROAD has not materially changed since September 2019.

How Large is 8 HONEYBOURNE ROAD?

8 HONEYBOURNE ROAD is 104m² according to the EPC inspection conducted in January 2011. This puts it in the largest 50% of detached houses houses in Alveley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Alveley, and where 8 HONEYBOURNE ROAD lies on this distribution: 57% of detached houses houses are smaller than 8 HONEYBOURNE ROAD, and 43% of houses are larger. Note that EPC data is not available for all properties in Alveley.

8 HONEYBOURNE ROAD: Plot and Title Map

8 HONEYBOURNE ROAD sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of 8 HONEYBOURNE ROAD, 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 HONEYBOURNE ROAD). 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 HONEYBOURNE ROAD?

8 HONEYBOURNE ROAD is located in ALVELEY, in the WV15 postcode district. The below map shows the position of No. 8 on HONEYBOURNE ROAD.