TWO TREES, SHREWSBURY ROAD, PREES, WHITCHURCH, SY13 2EY - £275,000

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

TWO TREES is a small detached house of 92m², built sometime between 1967 and 1975. It was last sold for £275,000 in August 2019, which was around 10% below the average August 2019 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2016, where the current energy rating was E, and the potential energy rating was C.

TWO TREES Sold Prices

Land registry data shows three sales for TWO TREES 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 TWO TREES 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
2019 16 AUG	£275,000	£306,941	10% below HPI
2016 24 AUG	£236,500	£287,287	18% below HPI
1995 14 DEC	£70,000	£82,666	15% below HPI

TWO TREES 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 TWO TREES sales between December 1995 and August 2019 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 2016 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2019 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is TWO TREES?

TWO TREES is 92m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 30% of detached houses in Prees, based on EPC data. The below chart shows the distribution of detached houses by size in Prees, and where TWO TREES lies on this distribution: 23% of detached houses are smaller than TWO TREES, and 77% of houses are larger. Note that EPC data is not available for all properties in Prees.

TWO TREES: Plot and Title Map

TWO TREES sits on a plot of roughly 0.233 of an acre, or 941m². The below map shows the location of TWO TREES, 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 TWO TREES). 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 TWO TREES?

TWO TREES is located on SHREWSBURY ROAD in PREES, in the SY13 postcode district. The below map shows the position of TWO TREES on SHREWSBURY ROAD.