CHERRYTREES, HOMER, MUCH WENLOCK, TF13 6NL - £570,000

CHERRYTREES is a large extended detached house of 171m², built sometime between 1967 and 1975. It was last sold for £570,000 in September 2023, which was around 44% above the average September 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

CHERRYTREES Sold Prices

Land registry data shows two sales for CHERRYTREES 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 CHERRYTREES 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
2023 21 SEP	£570,000	£394,815	44% above HPI
2004 9 JUN	£299,000	£219,342	36% above HPI

CHERRYTREES 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 CHERRYTREES sales from June 2004 and September 2023 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 June 2004 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the September 2023 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is CHERRYTREES?

CHERRYTREES is 171m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the largest 30% of detached houses in Homer, based on EPC data. The below chart shows the distribution of detached houses by size in Homer, and where CHERRYTREES lies on this distribution: 77% of detached houses are smaller than CHERRYTREES, and 23% of houses are larger. Note that EPC data is not available for all properties in Homer.

CHERRYTREES: Plot and Title Map

CHERRYTREES sits on a plot of roughly 0.148 of an acre, or 598m². The below map shows the location of CHERRYTREES, 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 CHERRYTREES). 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 CHERRYTREES?

CHERRYTREES is located in HOMER, in the TF13 postcode district. The below map shows the position of CHERRYTREES in HOMER.