16, WEMSBROOK DRIVE, WEM, SHREWSBURY, SY4 5AL - £321,000

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

16 WEMSBROOK DRIVE is a large detached house of 124m², built sometime between 1976 and 1982. It was last sold for £321,000 in September 2016, which was around 11% above the average September 2016 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

16 WEMSBROOK DRIVE Sold Prices

Land registry data shows two sales for 16 WEMSBROOK DRIVE 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 16 WEMSBROOK DRIVE 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
2016 15 SEP	£321,000	£288,646	11% above HPI
2001 22 JUN	£167,000	£133,817	25% above HPI

16 WEMSBROOK DRIVE 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 16 WEMSBROOK DRIVE sales from June 2001 and September 2016 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 June 2001 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the September 2016 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 16 WEMSBROOK DRIVE?

16 WEMSBROOK DRIVE is 124m² according to the EPC inspection conducted in October 2014. This puts it in the largest 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 16 WEMSBROOK DRIVE lies on this distribution: 72% of detached houses are smaller than 16 WEMSBROOK DRIVE, and 28% of houses are larger. Note that EPC data is not available for all properties in Wem.

16 WEMSBROOK DRIVE: Plot and Title Map

16 WEMSBROOK DRIVE sits on a plot of roughly 3.2 acres, or 13,101m². The below map shows the location of 16 WEMSBROOK DRIVE, 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 16 WEMSBROOK DRIVE). 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 16 WEMSBROOK DRIVE?

16 WEMSBROOK DRIVE is located in WEM, in the SY4 postcode district. The below map shows the position of No. 16 on WEMSBROOK DRIVE.