THE BUNGALOW, LYNDON, KIDDERMINSTER ROAD, ALVELEY, BRIDGNORTH, WV15 6LN - £375,000

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.

THE BUNGALOW is a midsized extended detached house of 98m², built sometime between 1976 and 1982, which could now be worth an estimated £508,045. It was last sold for £375,000 in February 2018, which was around 22% above the average February 2018 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

THE BUNGALOW Sold Prices

Land registry data shows two sales for THE BUNGALOW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. One of the two THE BUNGALOW sales was for above the average price, whilst the other was 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
2018 21 FEB	£375,000	£308,008	22% above HPI
2014 24 FEB	£213,500	£259,178	18% below HPI

THE BUNGALOW 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 two THE BUNGALOW sales from February 2014 and February 2018 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 February 2014 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2018 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might THE BUNGALOW be worth now?

THE BUNGALOW might now be worth an estimated £508,045.

This is based on house price inflation of 35.5%, between February 2018 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 35.5% inflationary increase is applied to the most recent sale price for THE BUNGALOW of £375,000 on 21st February 2018. For the value to have increased from £375,000 to £508,045 over the seven years to February 2025, the following assumptions must hold true:

• The value of THE BUNGALOW has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The February 2018 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of THE BUNGALOW has not materially changed since February 2018.

How Large is THE BUNGALOW?

THE BUNGALOW is 98m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 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 THE BUNGALOW lies on this distribution: 50% of detached houses houses are smaller than THE BUNGALOW, and 50% of houses are larger. Note that EPC data is not available for all properties in Alveley.

THE BUNGALOW: Plot and Title Map

THE BUNGALOW sits on a plot of roughly 0.314 of an acre, or 1,269m². The below map shows the location of THE BUNGALOW, 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 THE BUNGALOW). 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 THE BUNGALOW?

THE BUNGALOW, LYNDON is located on KIDDERMINSTER ROAD in ALVELEY, in the WV15 postcode district. The below map shows the position of THE BUNGALOW, LYNDON on KIDDERMINSTER ROAD.