1, CEDAR GROVE, WEM, SHREWSBURY, SY4 5DQ - £235,000

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 CEDAR GROVE is a large detached house of 113m², built sometime between 1996 and 2002. It was last sold for £235,000 in September 2015, which was around 16% below the average September 2015 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was C.

1 CEDAR GROVE Sold Prices

Land registry data shows three sales for 1 CEDAR GROVE 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. One of the three 1 CEDAR GROVE sales was for below the average price, whilst two 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
2015 18 SEP	£235,000	£278,407	16% below HPI
2001 9 MAR	£128,000	£125,238	2% above HPI
1998 9 OCT	£110,000	£100,475	9% above HPI

1 CEDAR GROVE 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 CEDAR GROVE sales between October 1998 and September 2015 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 March 2001 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the September 2015 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 1 CEDAR GROVE?

1 CEDAR GROVE is 113m² according to the EPC inspection conducted in October 2009. This puts it in the largest 40% 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 CEDAR GROVE lies on this distribution: 62% of detached houses are smaller than 1 CEDAR GROVE, and 38% of houses are larger. Note that EPC data is not available for all properties in Wem.

1 CEDAR GROVE: Plot and Title Map

1 CEDAR GROVE sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 1 CEDAR GROVE, 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 CEDAR GROVE). 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 CEDAR GROVE?

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