43, THE CHESTNUTS, CROSS HOUSES, SHREWSBURY, SY5 6JH - £287,500

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

43 THE CHESTNUTS is a very large detached house of 164m², built sometime between 2003 and 2006. It was last sold for £287,500 in May 2015, which was around 8% above the average May 2015 detached price in the Shropshire local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

43 THE CHESTNUTS Sold Prices

Land registry data shows three sales for 43 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. Two of the three 43 THE CHESTNUTS 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
2015 8 MAY	£287,500	£266,330	8% above HPI
2010 9 APR	£240,000	£253,406	5% below HPI
2005 30 JUN	£279,995	£234,992	19% above HPI

43 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 43 THE CHESTNUTS sales between June 2005 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 April 2010 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2015 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 43 THE CHESTNUTS?

43 THE CHESTNUTS is 164m² according to the EPC inspection conducted in February 2015. This puts it in the largest 10% 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 43 THE CHESTNUTS lies on this distribution: 90% of detached houses are smaller than 43 THE CHESTNUTS, and 10% of houses are larger. Note that EPC data is not available for all properties in Cross Houses.

43 THE CHESTNUTS: Plot and Title Map

43 THE CHESTNUTS sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 43 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 43 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 43 THE CHESTNUTS?

43 THE CHESTNUTS is located in CROSS HOUSES, in the SY5 postcode district. The below map shows the position of No. 43 on THE CHESTNUTS.