PARVENIR, MAIN ROAD, HIGHLEY, BRIDGNORTH, WV16 6NQ - £250,000

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

PARVENIR is a large detached house of 118m², built sometime between 1967 and 1975. It was last sold for £250,000 in May 2024, which was around 36% below the average May 2024 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was C.

PARVENIR Sold Prices

Land registry data shows three sales for PARVENIR 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. Two of the three PARVENIR sales were for below the average price, whilst one was for above 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
2024 10 MAY	£250,000	£393,229	36% below HPI
2004 29 JUL	£239,000	£226,153	6% above HPI
2003 22 JAN	£180,000	£181,976	1% below HPI

PARVENIR 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 PARVENIR sales between January 2003 and May 2024 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 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the May 2024 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is PARVENIR?

PARVENIR is 118m² according to the EPC inspection conducted in January 2024. This puts it in the largest 30% of detached houses in Highley, based on EPC data. The below chart shows the distribution of detached houses by size in Highley, and where PARVENIR lies on this distribution: 70% of detached houses are smaller than PARVENIR, and 29% of houses are larger. Note that EPC data is not available for all properties in Highley.

PARVENIR: Plot and Title Map

PARVENIR sits on a plot of roughly 0.171 of an acre, or 691m². The below map shows the location of PARVENIR, 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 PARVENIR). 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 PARVENIR?

PARVENIR is located on MAIN ROAD in HIGHLEY, in the WV16 postcode district. The below map shows the position of PARVENIR on MAIN ROAD.