IVYDENE, CROSS HOUSES, SHREWSBURY, SY5 6JJ - £250,000

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.

IVYDENE is a midsized detached house of 121m², built sometime from 2007 onwards, which could now be worth an estimated £329,590. It was last sold for £250,000 in December 2018, which was around 21% below the average December 2018 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 D.

IVYDENE Sold Prices

Land registry data shows three sales for IVYDENE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the three IVYDENE 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
2018 14 DEC	£250,000	£316,518	21% below HPI
2018 8 JUN	£249,000	£307,892	19% below HPI
2008 3 MAR	£115,000	£275,615	58% below HPI

IVYDENE 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 three IVYDENE sales between March 2008 and December 2018 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 2018 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2018 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might IVYDENE be worth now?

IVYDENE might now be worth an estimated £329,590.

This is based on house price inflation of 31.8%, between December 2018 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 31.8% inflationary increase is applied to the most recent sale price for IVYDENE of £250,000 on 14th December 2018. For the value to have increased from £250,000 to £329,590 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of IVYDENE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The December 2018 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of IVYDENE has not materially changed since December 2018.

How Large is IVYDENE?

IVYDENE is 121m² according to the EPC inspection conducted in December 2011. This puts it in the largest 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 IVYDENE lies on this distribution: 52% of detached houses houses are smaller than IVYDENE, and 48% of houses are larger. Note that EPC data is not available for all properties in Cross Houses.

IVYDENE: Plot and Title Map

IVYDENE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of IVYDENE, 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 IVYDENE). 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 IVYDENE?

IVYDENE is located in CROSS HOUSES, in the SY5 postcode district. The below map shows the position of IVYDENE in CROSS HOUSES.