THE CROFT, SHREWSBURY STREET, PREES, WHITCHURCH, SY13 2DH - £375,000

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

THE CROFT is a very small extended detached house of 74m², built sometime between 1900 and 1929. It was last sold for £375,000 in January 2023, which was around 5% below the average January 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2010, where the current energy rating was G, and the potential energy rating was F.

THE CROFT Sold Prices

Land registry data shows two sales for THE CROFT 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 THE CROFT 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
2023 26 JAN	£375,000	£395,690	5% below HPI
2013 22 NOV	£162,500	£252,975	36% below HPI

THE CROFT 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 THE CROFT sales from November 2013 and January 2023 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 November 2013 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the January 2023 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is THE CROFT?

THE CROFT is 74m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the smallest 10% of detached houses in Prees, based on EPC data. The below chart shows the distribution of detached houses by size in Prees, and where THE CROFT lies on this distribution: 5% of detached houses are smaller than THE CROFT, and 95% of houses are larger. Note that EPC data is not available for all properties in Prees.

THE CROFT: Plot and Title Map

THE CROFT sits on a plot of roughly 0.190 of an acre, or 769m². The below map shows the location of THE CROFT, 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 THE CROFT). 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 THE CROFT?

THE CROFT is located on SHREWSBURY STREET in PREES, in the SY13 postcode district. The below map shows the position of THE CROFT on SHREWSBURY STREET.