CHERRY TREE HOUSE, OLDBURY WELLS, BRIDGNORTH, WV16 5JB - £380,000

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

CHERRY TREE HOUSE is a very large detached house of 157m², built sometime between 1983 and 1990. It was last sold for £380,000 in April 2024, which was around 2% below the average April 2024 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

CHERRY TREE HOUSE Sold Prices

Land registry data shows two sales for CHERRY TREE HOUSE 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. One of the two CHERRY TREE HOUSE sales was for below the average price, whilst the other was 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
2024 11 APR	£380,000	£386,067	2% below HPI
1997 30 APR	£140,000	£87,775	59% above HPI

CHERRY TREE HOUSE 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 CHERRY TREE HOUSE sales from April 1997 and April 2024 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 1997 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the April 2024 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is CHERRY TREE HOUSE?

CHERRY TREE HOUSE is 157m² according to the EPC inspection conducted in November 2021. This puts it in the largest 20% of detached houses in Bridgnorth, based on EPC data. The below chart shows the distribution of detached houses by size in Bridgnorth, and where CHERRY TREE HOUSE lies on this distribution: 84% of detached houses are smaller than CHERRY TREE HOUSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Bridgnorth.

CHERRY TREE HOUSE: Plot and Title Map

CHERRY TREE HOUSE sits on a plot of roughly 0.189 of an acre, or 764m². The below map shows the location of CHERRY TREE HOUSE, 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 CHERRY TREE HOUSE). 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 CHERRY TREE HOUSE?

CHERRY TREE HOUSE is located on OLDBURY WELLS in BRIDGNORTH, in the WV16 postcode district. The below map shows the position of CHERRY TREE HOUSE on OLDBURY WELLS.