1, HAZLITT PLACE, WEM, SHREWSBURY, SY4 5JP - £189,000

1 HAZLITT PLACE is a small extended detached house of 84m², built sometime between 1967 and 1975. It was last sold for £189,000 in July 2015, which was around 30% below the average July 2015 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

1 HAZLITT PLACE Sold Prices

Land registry data shows two sales for 1 HAZLITT PLACE 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 1 HAZLITT PLACE 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
2015 31 JUL	£189,000	£270,117	30% below HPI
1997 1 DEC	£65,000	£94,298	31% below HPI

1 HAZLITT PLACE 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 1 HAZLITT PLACE sales from December 1997 and July 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 December 1997 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2015 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 1 HAZLITT PLACE?

1 HAZLITT PLACE is 84m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the smallest 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 HAZLITT PLACE lies on this distribution: 35% of detached houses are smaller than 1 HAZLITT PLACE, and 65% of houses are larger. Note that EPC data is not available for all properties in Wem.

1 HAZLITT PLACE: Plot and Title Map

1 HAZLITT PLACE sits on a plot of roughly 0.132 of an acre, or 534m². The below map shows the location of 1 HAZLITT PLACE, 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 HAZLITT PLACE). 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 HAZLITT PLACE?

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