51, THE CHESTNUTS, CROSS HOUSES, SHREWSBURY, SY5 6JH - £269,995

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.

51 THE CHESTNUTS is a small detached house of 104m², built sometime between 2003 and 2006, which could now be worth an estimated £352,168. It was last sold for £269,995 in September 2018, which was around 16% below the average September 2018 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

51 THE CHESTNUTS Sold Prices

Land registry data shows three sales for 51 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 51 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
2018 21 SEP	£269,995	£319,918	16% below HPI
2007 12 OCT	£247,500	£287,876	14% below HPI
2005 15 NOV	£217,995	£252,160	14% below HPI

51 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 51 THE CHESTNUTS sales between November 2005 and September 2018 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 October 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2018 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 51 THE CHESTNUTS be worth now?

51 THE CHESTNUTS might now be worth an estimated £352,168.

This is based on house price inflation of 30.4%, between September 2018 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 30.4% inflationary increase is applied to the most recent sale price for 51 THE CHESTNUTS of £269,995 on 21st September 2018. For the value to have increased from £269,995 to £352,168 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 51 THE CHESTNUTS has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The September 2018 sale price of £269,995 represented a fair market value for the property.
• The size, condition, and specification of 51 THE CHESTNUTS has not materially changed since September 2018.

How Large is 51 THE CHESTNUTS?

51 THE CHESTNUTS is 104m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 30% of detached houses houses in Cross Houses, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cross Houses, and where 51 THE CHESTNUTS lies on this distribution: 25% of detached houses houses are smaller than 51 THE CHESTNUTS, and 74% of houses are larger. Note that EPC data is not available for all properties in Cross Houses.

51 THE CHESTNUTS: Plot and Title Map

51 THE CHESTNUTS sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 51 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 51 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 51 THE CHESTNUTS?

51 THE CHESTNUTS is located in CROSS HOUSES, in the SY5 postcode district. The below map shows the position of No. 51 on THE CHESTNUTS.