41, SEVERN WAY, CRESSAGE, SHREWSBURY, SY5 6DS - £180,000

41 SEVERN WAY is a midsized extended detached house of 86m², built sometime between 1967 and 1975. It was last sold for £180,000 in May 2015, which was around 32% below the average May 2015 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

41 SEVERN WAY Sold Prices

Land registry data shows two sales for 41 SEVERN WAY 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. Both of the two 41 SEVERN WAY sales were 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
2015 29 MAY	£180,000	£266,330	32% below HPI
2008 24 SEP	£172,000	£256,811	33% below HPI

41 SEVERN WAY 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 41 SEVERN WAY sales from September 2008 and May 2015 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 September 2008 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2015 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 41 SEVERN WAY?

41 SEVERN WAY is 86m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 50% of detached houses in Cressage, based on EPC data. The below chart shows the distribution of detached houses by size in Cressage, and where 41 SEVERN WAY lies on this distribution: 43% of detached houses are smaller than 41 SEVERN WAY, and 54% of houses are larger. Note that EPC data is not available for all properties in Cressage.

41 SEVERN WAY: Plot and Title Map

41 SEVERN WAY sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 41 SEVERN WAY, 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 41 SEVERN WAY). 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 41 SEVERN WAY?

41 SEVERN WAY is located in CRESSAGE, in the SY5 postcode district. The below map shows the position of No. 41 on SEVERN WAY.