8, ROMSLEY VIEW, ALVELEY, BRIDGNORTH, WV15 6PJ - £260,000

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 ROMSLEY VIEW is a very small extended detached house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £277,990. It was last sold for £260,000 in July 2022, which was around 33% below the average July 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2022, where the current energy rating was E, and the potential energy rating was C.

8 ROMSLEY VIEW Sold Prices

Land registry data shows three sales for 8 ROMSLEY VIEW 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 8 ROMSLEY VIEW 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
2022 5 JUL	£260,000	£390,281	33% below HPI
2006 19 DEC	£159,000	£267,333	41% below HPI
2004 12 JUL	£150,000	£232,470	35% below HPI

8 ROMSLEY VIEW 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 ROMSLEY VIEW sales between July 2004 and July 2022 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 2006 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the July 2022 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 8 ROMSLEY VIEW be worth now?

8 ROMSLEY VIEW might now be worth an estimated £277,990.

This is based on house price inflation of 6.9%, between July 2022 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 6.9% inflationary increase is applied to the most recent sale price for 8 ROMSLEY VIEW of £260,000 on 5th July 2022. For the value to have increased from £260,000 to £277,990 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 8 ROMSLEY VIEW has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The July 2022 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ROMSLEY VIEW has not materially changed since July 2022.

How Large is 8 ROMSLEY VIEW?

8 ROMSLEY VIEW is 70m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 20% 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 ROMSLEY VIEW lies on this distribution: 15% of detached houses houses are smaller than 8 ROMSLEY VIEW, and 84% of houses are larger. Note that EPC data is not available for all properties in Alveley.

8 ROMSLEY VIEW: Plot and Title Map

8 ROMSLEY VIEW sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 8 ROMSLEY VIEW, 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 ROMSLEY VIEW). 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 ROMSLEY VIEW?

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