THE ORCHARD, PRESCOTT ROAD, PRESCOTT, SHREWSBURY, SY4 2DP - £240,000

THE ORCHARD is a very small detached house of 80m², built sometime between 2003 and 2006. It was last sold for £240,000 in August 2022, which was around 38% below the average August 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was A.

THE ORCHARD Sold Prices

Land registry data shows four sales for THE ORCHARD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the four THE ORCHARD 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
2022 26 AUG	£240,000	£385,098	38% below HPI
2018 27 SEP	£240,000	£311,224	23% below HPI
2005 8 SEP	£186,000	£243,997	24% below HPI
2003 12 MAY	£65,000	£190,520	66% below HPI

THE ORCHARD 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 four THE ORCHARD sales between May 2003 and August 2022 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 September 2018 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2022 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is THE ORCHARD?

THE ORCHARD is 80m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% of detached houses in Baschurch, based on EPC data. The below chart shows the distribution of detached houses by size in Baschurch, and where THE ORCHARD lies on this distribution: 3% of detached houses are smaller than THE ORCHARD, and 96% of houses are larger. Note that EPC data is not available for all properties in Baschurch.

THE ORCHARD: Plot and Title Map

THE ORCHARD sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of THE ORCHARD, 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 ORCHARD). 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 ORCHARD?

THE ORCHARD is located on PRESCOTT ROAD in PRESCOTT, in the SY4 postcode district. The below map shows the position of THE ORCHARD on PRESCOTT ROAD.