10, THE CHESTNUTS, CROSS HOUSES, SHREWSBURY, SY5 6JH - £140,500

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.

10 THE CHESTNUTS is a very small terraced house of 54m², built sometime between 2003 and 2006, which could now be worth an estimated £185,299. It was last sold for £140,500 in July 2019, which was around 9% below the average July 2019 terraced price in the Shropshire local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

10 THE CHESTNUTS Sold Prices

Land registry data shows five sales for 10 THE CHESTNUTS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Shropshire local authority area for the corresponding sale date. Most of the five 10 THE CHESTNUTS 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
2019 19 JUL	£140,500	£154,217	9% below HPI
2012 16 AUG	£136,000	£127,937	6% above HPI
2008 15 JUL	£129,750	£137,837	6% below HPI
2006 17 NOV	£140,000	£135,343	3% above HPI
2004 15 OCT	£124,995	£118,843	5% above HPI

10 THE CHESTNUTS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Shropshire local authority area over time, sourced from the HPI. The five 10 THE CHESTNUTS sales between October 2004 and July 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 2012 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the July 2019 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 10 THE CHESTNUTS be worth now?

10 THE CHESTNUTS might now be worth an estimated £185,299.

This is based on house price inflation of 31.9%, between July 2019 and June 2025, for terraced 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 31.9% inflationary increase is applied to the most recent sale price for 10 THE CHESTNUTS of £140,500 on 19th July 2019. For the value to have increased from £140,500 to £185,299 over the six years and one month to June 2025, the following assumptions must hold true:

• The value of 10 THE CHESTNUTS has moved in line with the HPI for terraced houses in the Shropshire local authority area.
• The July 2019 sale price of £140,500 represented a fair market value for the property.
• The size, condition, and specification of 10 THE CHESTNUTS has not materially changed since July 2019.

How Large is 10 THE CHESTNUTS?

10 THE CHESTNUTS is 54m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 10% of terraced houses houses in Cross Houses, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Cross Houses, and where 10 THE CHESTNUTS lies on this distribution: 1% of terraced houses houses are smaller than 10 THE CHESTNUTS, and 99% of houses are larger. Note that EPC data is not available for all properties in Cross Houses.

10 THE CHESTNUTS: Plot and Title Map

10 THE CHESTNUTS sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 10 THE CHESTNUTS, 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 10 THE CHESTNUTS). 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 10 THE CHESTNUTS?

10 THE CHESTNUTS is located in CROSS HOUSES, in the SY5 postcode district. The below map shows the position of No. 10 on THE CHESTNUTS.