2, CHERRY ARBOR, CRESSAGE, SHREWSBURY, SY5 6DL - £173,500

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.

2 CHERRY ARBOR is a small detached house of 75m², built sometime between 1983 and 1990, which could now be worth an estimated £274,430. It was last sold for £173,500 in October 2013, which was around 34% below the average October 2013 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

2 CHERRY ARBOR Sold Prices

Land registry data shows two sales for 2 CHERRY ARBOR 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 2 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 7 OCT	£173,500	£263,816	34% below HPI
2007 19 JAN	£170,000	£266,263	36% below HPI

2 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 two 2 CHERRY ARBOR sales from January 2007 and October 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 January 2007 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2013 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 2 CHERRY ARBOR be worth now?

2 CHERRY ARBOR might now be worth an estimated £274,430.

This is based on house price inflation of 58.2%, between October 2013 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 58.2% inflationary increase is applied to the most recent sale price for 2 CHERRY ARBOR of £173,500 on 7th October 2013. For the value to have increased from £173,500 to £274,430 over the twelve years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 CHERRY ARBOR has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The October 2013 sale price of £173,500 represented a fair market value for the property.
• The size, condition, and specification of 2 CHERRY ARBOR has not materially changed since October 2013.

How Large is 2 CHERRY ARBOR?

2 CHERRY ARBOR is 75m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 40% of detached houses houses in Cressage, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cressage, and where 2 CHERRY ARBOR lies on this distribution: 34% of detached houses houses are smaller than 2 CHERRY ARBOR, and 66% of houses are larger. Note that EPC data is not available for all properties in Cressage.

2 CHERRY ARBOR: Plot and Title Map

2 CHERRY ARBOR sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of 2 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 2 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 2 CHERRY ARBOR?

2 CHERRY ARBOR is located in CRESSAGE, in the SY5 postcode district. The below map shows the position of No. 2 on CHERRY ARBOR.