1, BOWENS FIELD, WEM, SHREWSBURY, SY4 5AR - £395,000

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

1 BOWENS FIELD is a very large detached house of 144m², built sometime between 1967 and 1975. It was last sold for £395,000 in May 2024, which was about the average May 2024 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

1 BOWENS FIELD Sold Prices

Land registry data shows three sales for 1 BOWENS FIELD 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. The three 1 BOWENS FIELD sales were a mix of roughly equal to the average price, and 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
2024 10 MAY	£395,000	£393,229	Close to HPI
2014 14 JAN	£250,000	£252,870	1% below HPI
1999 26 MAR	£80,000	£100,874	21% below HPI

1 BOWENS FIELD 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 1 BOWENS FIELD sales between March 1999 and May 2024 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 January 2014 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 2024 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 1 BOWENS FIELD?

1 BOWENS FIELD is 144m² according to the EPC inspection conducted in July 2023. This puts it in the largest 20% of detached houses in Wem, based on EPC data. The below chart shows the distribution of detached houses by size in Wem, and where 1 BOWENS FIELD lies on this distribution: 83% of detached houses are smaller than 1 BOWENS FIELD, and 17% of houses are larger. Note that EPC data is not available for all properties in Wem.

1 BOWENS FIELD: Plot and Title Map

1 BOWENS FIELD sits on a plot of roughly 0.202 of an acre, or 817m². The below map shows the location of 1 BOWENS FIELD, 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 1 BOWENS FIELD). 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 1 BOWENS FIELD?

1 BOWENS FIELD is located in WEM, in the SY4 postcode district. The below map shows the position of No. 1 on BOWENS FIELD.