59, THE CHESTNUTS, CROSS HOUSES, SHREWSBURY, SY5 6JH - £279,000

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.

59 THE CHESTNUTS is a midsized extended detached house of 112m², built sometime between 2003 and 2006, which could now be worth an estimated £359,894. It was last sold for £279,000 in March 2020, which was around 14% below the average March 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was A.

59 THE CHESTNUTS Sold Prices

Land registry data shows two sales for 59 THE CHESTNUTS 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 59 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
2020 6 MAR	£279,000	£323,491	14% below HPI
2006 28 JUN	£224,995	£261,420	14% below HPI

59 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 two 59 THE CHESTNUTS sales from June 2006 and March 2020 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 June 2006 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2020 sale, which was also at 14% below the HPI.

What might 59 THE CHESTNUTS be worth now?

59 THE CHESTNUTS might now be worth an estimated £359,894.

This is based on house price inflation of 29%, between March 2020 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 29% inflationary increase is applied to the most recent sale price for 59 THE CHESTNUTS of £279,000 on 6th March 2020. For the value to have increased from £279,000 to £359,894 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 59 THE CHESTNUTS has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The March 2020 sale price of £279,000 represented a fair market value for the property.
• The size, condition, and specification of 59 THE CHESTNUTS has not materially changed since March 2020.

How Large is 59 THE CHESTNUTS?

59 THE CHESTNUTS is 112m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 50% 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 59 THE CHESTNUTS lies on this distribution: 45% of detached houses houses are smaller than 59 THE CHESTNUTS, and 55% of houses are larger. Note that EPC data is not available for all properties in Cross Houses.

59 THE CHESTNUTS: Plot and Title Map

59 THE CHESTNUTS sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 59 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 59 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 59 THE CHESTNUTS?

59 THE CHESTNUTS is located in CROSS HOUSES, in the SY5 postcode district. The below map shows the position of No. 59 on THE CHESTNUTS.