14, MARLCROFT, WEM, SHREWSBURY, SY4 5AN - £320,000

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

14 MARLCROFT is a small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £320,000 in August 2024, which was around 21% below the average August 2024 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

14 MARLCROFT Sold Prices

Land registry data shows two sales for 14 MARLCROFT 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 14 MARLCROFT 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
2024 23 AUG	£320,000	£404,386	21% below HPI
2002 29 NOV	£130,000	£173,056	25% below HPI

14 MARLCROFT 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 14 MARLCROFT sales from November 2002 and August 2024 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 2002 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2024 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 14 MARLCROFT?

14 MARLCROFT is 75m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 30% of detached houses in Wem, based on EPC data. The below chart shows the distribution of detached houses by size in Wem, and where 14 MARLCROFT lies on this distribution: 23% of detached houses are smaller than 14 MARLCROFT, and 77% of houses are larger. Note that EPC data is not available for all properties in Wem.

14 MARLCROFT: Plot and Title Map

14 MARLCROFT sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 14 MARLCROFT, 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 14 MARLCROFT). 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 14 MARLCROFT?

14 MARLCROFT is located in WEM, in the SY4 postcode district. The below map shows the position of No. 14 on MARLCROFT.