8, CHERRY ARBOR, CRESSAGE, SHREWSBURY, SY5 6DL - £192,500

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

8 CHERRY ARBOR is a midsized extended detached house of 83m², built sometime between 1967 and 1975. It was last sold for £192,500 in June 2010, which was around 25% below the average June 2010 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2010, where the current energy rating was E, and the potential energy rating was E.

8 CHERRY ARBOR Sold Prices

Land registry data shows two sales for 8 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 8 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
2010 24 JUN	£192,500	£258,262	25% below HPI
1995 15 DEC	£69,500	£82,666	16% below HPI

8 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 8 CHERRY ARBOR sales from December 1995 and June 2010 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 December 1995 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2010 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 8 CHERRY ARBOR?

8 CHERRY ARBOR is 83m², which includes one extension, according to the EPC inspection conducted in January 2010. This puts it in the smallest 50% of detached houses in Cressage, based on EPC data. The below chart shows the distribution of detached houses by size in Cressage, and where 8 CHERRY ARBOR lies on this distribution: 41% of detached houses are smaller than 8 CHERRY ARBOR, and 59% of houses are larger. Note that EPC data is not available for all properties in Cressage.

8 CHERRY ARBOR: Plot and Title Map

8 CHERRY ARBOR sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 8 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 8 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 8 CHERRY ARBOR?

8 CHERRY ARBOR is located in CRESSAGE, in the SY5 postcode district. The below map shows the position of No. 8 on CHERRY ARBOR.