10, WELL MEAD LANE, LONGDEN, SHREWSBURY, SY5 8EW - £540,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

10 WELL MEAD LANE is a large detached house of 151m², built sometime between 1983 and 1990. It was last sold for £540,000 in March 2023, which was around 39% above the average March 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

10 WELL MEAD LANE Sold Prices

Land registry data shows two sales for 10 WELL MEAD LANE 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 10 WELL MEAD LANE 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
2023 3 MAR	£540,000	£387,847	39% above HPI
2010 22 OCT	£329,000	£261,342	26% above HPI

10 WELL MEAD LANE 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 10 WELL MEAD LANE sales from October 2010 and March 2023 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 October 2010 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the March 2023 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 10 WELL MEAD LANE?

10 WELL MEAD LANE is 151m² according to the EPC inspection conducted in September 2022. This puts it in the largest 30% of detached houses in Longden, based on EPC data. The below chart shows the distribution of detached houses by size in Longden, and where 10 WELL MEAD LANE lies on this distribution: 72% of detached houses are smaller than 10 WELL MEAD LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in Longden.

10 WELL MEAD LANE: Plot and Title Map

10 WELL MEAD LANE sits on a plot of roughly 0.303 of an acre, or 1,226m². The below map shows the location of 10 WELL MEAD LANE, 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 WELL MEAD LANE). 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 WELL MEAD LANE?

10 WELL MEAD LANE is located in LONGDEN, in the SY5 postcode district. The below map shows the position of No. 10 on WELL MEAD LANE.