1, OAKLEY MEADOW, WEM, SHREWSBURY, SY4 5SF - £355,000

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 OAKLEY MEADOW is a very large detached house of 161m². It was last sold for £355,000 in July 2020, which was around 14% above the average July 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2012, where the current energy rating was B, and the potential energy rating was B.

1 OAKLEY MEADOW Sold Prices

Land registry data shows two sales for 1 OAKLEY MEADOW 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 OAKLEY MEADOW 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
2020 31 JUL	£355,000	£312,756	14% above HPI
2013 26 APR	£314,995	£250,361	26% above HPI

1 OAKLEY MEADOW 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 OAKLEY MEADOW sales from April 2013 and July 2020 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 April 2013 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the July 2020 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 1 OAKLEY MEADOW?

1 OAKLEY MEADOW is 161m² according to the EPC inspection conducted in June 2012. This puts it in the largest 10% 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 OAKLEY MEADOW lies on this distribution: 90% of detached houses are smaller than 1 OAKLEY MEADOW, and 9% of houses are larger. Note that EPC data is not available for all properties in Wem.

1 OAKLEY MEADOW: Plot and Title Map

1 OAKLEY MEADOW sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 1 OAKLEY MEADOW, 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 OAKLEY MEADOW). 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 OAKLEY MEADOW?

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