THE CROFT, MANOR FARM LANE, OLDBURY, BRIDGNORTH, WV16 5HG - £475,000

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 CROFT is a small detached house of 148m², which could now be worth an estimated £833,394. It was last sold for £475,000 in June 2009, which was around 100% above the average June 2009 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2009, where the current energy rating was C, and the potential energy rating was B.

THE CROFT Sold Prices

Land registry data shows two sales for THE CROFT 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 CROFT 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
2009 12 JUN	£475,000	£237,835	100% above HPI
2007 4 OCT	£220,000	£287,876	24% below HPI

THE CROFT 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 CROFT sales from October 2007 and June 2009 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 October 2007 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2009 sale, where it rises to 100% above the HPI. The line then continues to track at 100% above the HPI.

What might THE CROFT be worth now?

THE CROFT might now be worth an estimated £833,394.

This is based on house price inflation of 75.5%, between June 2009 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 75.5% inflationary increase is applied to the most recent sale price for THE CROFT of £475,000 on 12th June 2009. For the value to have increased from £475,000 to £833,394 over the sixteen years and four months to February 2025, the following assumptions must hold true:

• The value of THE CROFT has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The June 2009 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of THE CROFT has not materially changed since June 2009.

How Large is THE CROFT?

THE CROFT is 148m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 40% of detached houses houses in Oldbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oldbury, and where THE CROFT lies on this distribution: 33% of detached houses houses are smaller than THE CROFT, and 67% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

THE CROFT: Plot and Title Map

THE CROFT sits on a plot of roughly 0.158 of an acre, or 641m². The below map shows the location of THE CROFT, 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 CROFT). 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 CROFT?

THE CROFT is located on MANOR FARM LANE in OLDBURY, in the WV16 postcode district. The below map shows the position of THE CROFT on MANOR FARM LANE.