THE OLD VICARAGE, ALVELEY, BRIDGNORTH, WV15 6NB - £1,150,000

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 OLD VICARAGE is a very large detached house of 297m², built sometime before 1900, which could now be worth an estimated £1,500,002. It was last sold for £1,150,000 in September 2018, which was around 259% above the average September 2018 detached price in the Shropshire local authority area. The most recent EPC inspection was February 2018, where the current energy rating was E, and the potential energy rating was C.

THE OLD VICARAGE Sold Prices

Land registry data shows three sales for THE OLD VICARAGE 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 OLD VICARAGE 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
2018 20 SEP	£1,150,000	£319,918	259% above HPI
2000 19 JUL	£395,000	£125,170	216% above HPI
1997 7 MAR	£210,000	£89,760	134% above HPI

THE OLD VICARAGE 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 OLD VICARAGE sales between March 1997 and September 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 July 2000 sale was for 216% above the HPI. So the extrapolation line tracks at 216% above the HPI over time, until the September 2018 sale, where it rises to 259% above the HPI. The line then continues to track at 259% above the HPI.

What might THE OLD VICARAGE be worth now?

THE OLD VICARAGE might now be worth an estimated £1,500,002.

This is based on house price inflation of 30.4%, between September 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 30.4% inflationary increase is applied to the most recent sale price for THE OLD VICARAGE of £1,150,000 on 20th September 2018. For the value to have increased from £1,150,000 to £1,500,002 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of THE OLD VICARAGE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The September 2018 sale price of £1,150,000 represented a fair market value for the property.
• The size, condition, and specification of THE OLD VICARAGE has not materially changed since September 2018.

How Large is THE OLD VICARAGE?

THE OLD VICARAGE is 297m² according to the EPC inspection conducted in February 2018. This puts it in the largest 10% 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 OLD VICARAGE lies on this distribution: More than 99% of detached houses houses are smaller than THE OLD VICARAGE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Alveley.

THE OLD VICARAGE: Plot and Title Map

THE OLD VICARAGE sits on a plot of roughly 2.0 acres, or 8,038m². The below map shows the location of THE OLD VICARAGE, 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 OLD VICARAGE). 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 OLD VICARAGE?

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