7, SHREWSBURY ROAD, CRESSAGE, SHREWSBURY, SY5 6AA - £540,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 SHREWSBURY ROAD is a very large detached house of 170m², built sometime between 1967 and 1975. It was last sold for £540,000 in October 2019, which was around 71% above the average October 2019 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was C.

7 SHREWSBURY ROAD Sold Prices

Land registry data shows two sales for 7 SHREWSBURY ROAD 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 SHREWSBURY ROAD sales were for above 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
2019 18 OCT	£540,000	£316,667	71% above HPI
2016 14 APR	£375,000	£277,936	35% above HPI

7 SHREWSBURY ROAD 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 SHREWSBURY ROAD sales from April 2016 and October 2019 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 2016 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the October 2019 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

How Large is 7 SHREWSBURY ROAD?

7 SHREWSBURY ROAD is 170m² according to the EPC inspection conducted in May 2015. This puts it in the largest 20% 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 SHREWSBURY ROAD lies on this distribution: 87% of detached houses are smaller than 7 SHREWSBURY ROAD, and 13% of houses are larger. Note that EPC data is not available for all properties in Cressage.

7 SHREWSBURY ROAD: Plot and Title Map

7 SHREWSBURY ROAD sits on a plot of roughly 0.374 of an acre, or 1,513m². The below map shows the location of 7 SHREWSBURY ROAD, 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 SHREWSBURY ROAD). 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 SHREWSBURY ROAD?

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