THE MOUNT, SHORE LANE, CRESSAGE, SHREWSBURY, SY5 6BS - £1,400,000

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 MOUNT is a very large extended detached house of 472m², built sometime before 1900. It was last sold for £1,400,000 in July 2020, which was around 348% above the average July 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2019, where the current energy rating was E, and the potential energy rating was C.

THE MOUNT Sold Prices

Land registry data shows three sales for THE MOUNT 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 THE MOUNT sales were 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
2020 15 JUL	£1,400,000	£312,756	348% above HPI
2013 31 JAN	£1,070,000	£248,692	330% above HPI
1995 22 MAR	£410,000	£81,956	400% above HPI

THE MOUNT 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 THE MOUNT sales between March 1995 and July 2020 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 January 2013 sale was for 330% above the HPI. So the extrapolation line tracks at 330% above the HPI over time, until the July 2020 sale, where it rises to 348% above the HPI. The line then continues to track at 348% above the HPI.

How Large is THE MOUNT?

THE MOUNT is 472m², which includes two extensions, according to the EPC inspection conducted in August 2019. This puts it in the largest 10% of detached houses in Cressage, based on EPC data. The below chart shows the distribution of detached houses by size in Cressage, and where THE MOUNT lies on this distribution: More than 99% of detached houses are smaller than THE MOUNT, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Cressage.

THE MOUNT: Plot and Title Map

THE MOUNT sits on a plot of roughly 4.2 acres, or 16,845m². The below map shows the location of THE MOUNT, 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 MOUNT). 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 MOUNT?

THE MOUNT is located on SHORE LANE in CRESSAGE, in the SY5 postcode district. The below map shows the position of THE MOUNT on SHORE LANE.