10, SWAIN CLOSE, WEM, SHREWSBURY, SY4 5NZ - £340,000

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

10 SWAIN CLOSE is a very large detached house of 153m², built sometime between 2003 and 2006. It was last sold for £340,000 in February 2019, which was around 9% above the average February 2019 detached price in the Shropshire local authority area. The most recent EPC inspection was December 2012, where the current energy rating was C, and the potential energy rating was B.

10 SWAIN CLOSE Sold Prices

Land registry data shows three sales for 10 SWAIN CLOSE 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. All of the three 10 SWAIN CLOSE 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
2019 1 FEB	£340,000	£311,273	9% above HPI
2013 28 NOV	£285,000	£252,975	13% above HPI
2004 16 DEC	£269,995	£233,055	16% above HPI

10 SWAIN CLOSE 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 10 SWAIN CLOSE sales between December 2004 and February 2019 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 November 2013 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the February 2019 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 10 SWAIN CLOSE?

10 SWAIN CLOSE is 153m² according to the EPC inspection conducted in December 2012. 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 10 SWAIN CLOSE lies on this distribution: 87% of detached houses are smaller than 10 SWAIN CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Wem.

10 SWAIN CLOSE: Plot and Title Map

10 SWAIN CLOSE sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of 10 SWAIN CLOSE, 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 10 SWAIN CLOSE). 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 10 SWAIN CLOSE?

10 SWAIN CLOSE is located in WEM, in the SY4 postcode district. The below map shows the position of No. 10 on SWAIN CLOSE.