1, ORCHARD CLOSE, CRESSAGE, SHREWSBURY, SY5 6BZ - £400,000

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

1 ORCHARD CLOSE is a large detached house of 101m², built sometime between 1967 and 1975. It was last sold for £400,000 in April 2021, which was around 19% above the average April 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was February 2021, where the current energy rating was E, and the potential energy rating was C.

1 ORCHARD CLOSE Sold Prices

Land registry data shows three sales for 1 ORCHARD CLOSE 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. Two of the three 1 ORCHARD CLOSE sales were for above the average price, whilst one 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
2021 16 APR	£400,000	£336,754	19% above HPI
2003 16 APR	£225,000	£186,930	20% above HPI
1999 11 JUN	£89,950	£102,040	12% below HPI

1 ORCHARD CLOSE 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 1 ORCHARD CLOSE sales between June 1999 and April 2021 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 April 2003 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the April 2021 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 1 ORCHARD CLOSE?

1 ORCHARD CLOSE is 101m² according to the EPC inspection conducted in February 2021. This puts it in the largest 40% of detached houses in Cressage, based on EPC data. The below chart shows the distribution of detached houses by size in Cressage, and where 1 ORCHARD CLOSE lies on this distribution: 62% of detached houses are smaller than 1 ORCHARD CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Cressage.

1 ORCHARD CLOSE: Plot and Title Map

1 ORCHARD CLOSE sits on a plot of roughly 0.203 of an acre, or 821m². The below map shows the location of 1 ORCHARD CLOSE, 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 1 ORCHARD CLOSE). 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 1 ORCHARD CLOSE?

1 ORCHARD CLOSE is located in CRESSAGE, in the SY5 postcode district. The below map shows the position of No. 1 on ORCHARD CLOSE.