THE OAKLANDS, ALVELEY, BRIDGNORTH, WV15 6NL - £370,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE OAKLANDS is a very large extended detached house of 177m², built sometime between 1930 and 1949. It was last sold for £370,000 in April 2016, which was around 33% above the average April 2016 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was B.

THE OAKLANDS Sold Prices

Land registry data shows three sales for THE OAKLANDS 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 THE OAKLANDS sales were 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
2016 28 APR	£370,000	£277,936	33% above HPI
2002 20 AUG	£273,000	£165,908	65% above HPI
2001 23 FEB	£245,000	£125,258	96% above HPI

THE OAKLANDS 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 THE OAKLANDS sales between February 2001 and April 2016 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 August 2002 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the April 2016 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is THE OAKLANDS?

THE OAKLANDS is 177m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 10% of detached houses in Alveley, based on EPC data. The below chart shows the distribution of detached houses by size in Alveley, and where THE OAKLANDS lies on this distribution: 93% of detached houses are smaller than THE OAKLANDS, and 7% of houses are larger. Note that EPC data is not available for all properties in Alveley.

THE OAKLANDS: Plot and Title Map

THE OAKLANDS sits on a plot of roughly 2.5 acres, or 10,192m². The below map shows the location of THE OAKLANDS, 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 OAKLANDS). 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 OAKLANDS?

THE OAKLANDS is located in ALVELEY, in the WV15 postcode district. The below map shows the position of THE OAKLANDS in ALVELEY.