14, CHERRY ARBOR, CRESSAGE, SHREWSBURY, SY5 6DL - £162,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

14 CHERRY ARBOR is a very small detached house of 56m², built sometime between 1967 and 1975. It was last sold for £162,000 in September 2013, which was around 37% below the average September 2013 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

14 CHERRY ARBOR Sold Prices

Land registry data shows four sales for 14 CHERRY ARBOR since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the four 14 CHERRY ARBOR 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
2013 27 SEP	£162,000	£256,455	37% below HPI
2010 12 AUG	£156,000	£258,384	40% below HPI
2004 24 JUN	£151,000	£219,342	31% below HPI
1996 30 APR	£57,000	£81,394	30% below HPI

14 CHERRY ARBOR 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 four 14 CHERRY ARBOR sales between April 1996 and September 2013 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 2010 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2013 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 14 CHERRY ARBOR?

14 CHERRY ARBOR is 56m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% of detached houses in Cressage, based on EPC data. The below chart shows the distribution of detached houses by size in Cressage, and where 14 CHERRY ARBOR lies on this distribution: 1% of detached houses are smaller than 14 CHERRY ARBOR, and 97% of houses are larger. Note that EPC data is not available for all properties in Cressage.

14 CHERRY ARBOR: Plot and Title Map

14 CHERRY ARBOR sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 14 CHERRY ARBOR, 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 14 CHERRY ARBOR). 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 14 CHERRY ARBOR?

14 CHERRY ARBOR is located in CRESSAGE, in the SY5 postcode district. The below map shows the position of No. 14 on CHERRY ARBOR.