THE HOLLIES, CROSS HOUSES, SHREWSBURY, SY5 6JJ - £400,000

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 HOLLIES is a very large extended detached house of 217m², built sometime between 1900 and 1929. It was last sold for £400,000 in October 2022, which was around 2% above the average October 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2022, where the current energy rating was E, and the potential energy rating was D.

THE HOLLIES Sold Prices

Land registry data shows two sales for THE HOLLIES 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 THE HOLLIES sales was for above the average price, whilst the other was 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
2022 19 OCT	£400,000	£393,330	2% above HPI
2020 26 AUG	£280,000	£315,682	11% below HPI

THE HOLLIES 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 HOLLIES sales from August 2020 and October 2022 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 August 2020 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2022 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is THE HOLLIES?

THE HOLLIES is 217m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 10% of detached houses in Cross Houses, based on EPC data. The below chart shows the distribution of detached houses by size in Cross Houses, and where THE HOLLIES lies on this distribution: More than 99% of detached houses are smaller than THE HOLLIES, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Cross Houses.

THE HOLLIES: Plot and Title Map

THE HOLLIES sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of THE HOLLIES, 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 HOLLIES). 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 HOLLIES?

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