31, THE CHESTNUTS, CROSS HOUSES, SHREWSBURY, SY5 6JH - £272,500

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

31 THE CHESTNUTS is a small extended detached house of 106m², built sometime between 1996 and 2002. It was last sold for £272,500 in June 2017, which was around 6% below the average June 2017 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2017, where the current energy rating was E, and the potential energy rating was D.

31 THE CHESTNUTS Sold Prices

Land registry data shows three sales for 31 THE CHESTNUTS 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 31 THE CHESTNUTS 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
2017 30 JUN	£272,500	£289,363	6% below HPI
2010 20 AUG	£236,000	£258,384	9% below HPI
2004 21 DEC	£199,995	£233,055	14% below HPI

31 THE CHESTNUTS 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 31 THE CHESTNUTS sales between December 2004 and June 2017 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 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the June 2017 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 31 THE CHESTNUTS?

31 THE CHESTNUTS is 106m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 30% of detached houses in Cross Houses, based on EPC data. The below chart shows the distribution of detached houses by size in Cross Houses, and where 31 THE CHESTNUTS lies on this distribution: 26% of detached houses are smaller than 31 THE CHESTNUTS, and 73% of houses are larger. Note that EPC data is not available for all properties in Cross Houses.

31 THE CHESTNUTS: Plot and Title Map

31 THE CHESTNUTS sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 31 THE CHESTNUTS, 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 31 THE CHESTNUTS). 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 31 THE CHESTNUTS?

31 THE CHESTNUTS is located in CROSS HOUSES, in the SY5 postcode district. The below map shows the position of No. 31 on THE CHESTNUTS.