14, CHESTNUT CLOSE, HANWOOD, SHREWSBURY, SY5 8RB - £185,000

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.

14 CHESTNUT CLOSE is a very small detached house of 55m², built sometime between 1983 and 1990, which could now be worth an estimated £258,034. It was last sold for £185,000 in December 2016, which was around 38% below the average December 2016 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2008, where the current energy rating was C, and the potential energy rating was C.

14 CHESTNUT CLOSE Sold Prices

Land registry data shows two sales for 14 CHESTNUT CLOSE 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 14 CHESTNUT CLOSE 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
2016 16 DEC	£185,000	£299,177	38% below HPI
2006 1 NOV	£212,500	£269,274	21% below HPI

14 CHESTNUT CLOSE 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 14 CHESTNUT CLOSE sales from November 2006 and December 2016 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 2006 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2016 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 14 CHESTNUT CLOSE be worth now?

14 CHESTNUT CLOSE might now be worth an estimated £258,034.

This is based on house price inflation of 39.5%, between December 2016 and February 2025, for detached 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 39.5% inflationary increase is applied to the most recent sale price for 14 CHESTNUT CLOSE of £185,000 on 16th December 2016. For the value to have increased from £185,000 to £258,034 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of 14 CHESTNUT CLOSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The December 2016 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 14 CHESTNUT CLOSE has not materially changed since December 2016.

How Large is 14 CHESTNUT CLOSE?

14 CHESTNUT CLOSE is 55m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 10% of detached houses houses in Hanwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hanwood, and where 14 CHESTNUT CLOSE lies on this distribution: 1% of detached houses houses are smaller than 14 CHESTNUT CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Hanwood.

14 CHESTNUT CLOSE: Plot and Title Map

14 CHESTNUT CLOSE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 14 CHESTNUT CLOSE, 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 14 CHESTNUT CLOSE). 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 14 CHESTNUT CLOSE?

14 CHESTNUT CLOSE is located in HANWOOD, in the SY5 postcode district. The below map shows the position of No. 14 on CHESTNUT CLOSE.