7, CHERRY ARBOR, CRESSAGE, SHREWSBURY, SY5 6DL - £140,000

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

7 CHERRY ARBOR is a small detached house of 69m², built sometime between 1983 and 1990. It was last sold for £140,000 in December 2011, which was around 43% below the average December 2011 detached price in the Shropshire local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was C.

7 CHERRY ARBOR Sold Prices

Land registry data shows two sales for 7 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 7 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
2011 15 DEC	£140,000	£247,579	43% below HPI
2000 16 FEB	£81,000	£107,798	25% below HPI

7 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 7 CHERRY ARBOR sales from February 2000 and December 2011 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 February 2000 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2011 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 7 CHERRY ARBOR?

7 CHERRY ARBOR is 69m² according to the EPC inspection conducted in December 2011. This puts it in the smallest 30% of detached houses in Cressage, based on EPC data. The below chart shows the distribution of detached houses by size in Cressage, and where 7 CHERRY ARBOR lies on this distribution: 23% of detached houses are smaller than 7 CHERRY ARBOR, and 77% of houses are larger. Note that EPC data is not available for all properties in Cressage.

7 CHERRY ARBOR: Plot and Title Map

7 CHERRY ARBOR sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 7 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 7 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 7 CHERRY ARBOR?

7 CHERRY ARBOR is located in CRESSAGE, in the SY5 postcode district. The below map shows the position of No. 7 on CHERRY ARBOR.