18, SOMERSET WAY, WEM, SHREWSBURY, SY4 5UW - £155,950

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

18 SOMERSET WAY is a small extended semi-detached house of 86m², built sometime between 1967 and 1975. It was last sold for £155,950 in May 2005, which was around 34% below the average May 2005 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

18 SOMERSET WAY Sold Prices

Land registry data shows two sales for 18 SOMERSET WAY 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 18 SOMERSET WAY 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
2005 24 MAY	£155,950	£236,908	34% below HPI
1998 29 JAN	£57,000	£95,273	40% below HPI

18 SOMERSET WAY 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 18 SOMERSET WAY sales from January 1998 and May 2005 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 January 1998 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2005 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 18 SOMERSET WAY?

18 SOMERSET WAY is 86m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 40% of detached houses in Wem, based on EPC data. The below chart shows the distribution of detached houses by size in Wem, and where 18 SOMERSET WAY lies on this distribution: 36% of detached houses are smaller than 18 SOMERSET WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Wem.

18 SOMERSET WAY: Plot and Title Map

18 SOMERSET WAY sits on a plot of roughly 8.1 acres, or 32,882m². The below map shows the location of 18 SOMERSET WAY, 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 18 SOMERSET WAY). 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 18 SOMERSET WAY?

18 SOMERSET WAY is located in WEM, in the SY4 postcode district. The below map shows the position of No. 18 on SOMERSET WAY.