2, FOXLEIGH CLOSE, WEM, SHREWSBURY, SY4 5BT - £265,000

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

2 FOXLEIGH CLOSE is a very small detached house of 54m², built sometime between 1950 and 1966. It was last sold for £265,000 in October 2022, which was around 33% below the average October 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

2 FOXLEIGH CLOSE Sold Prices

Land registry data shows three sales for 2 FOXLEIGH 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 2 FOXLEIGH CLOSE 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
2022 21 OCT	£265,000	£393,330	33% below HPI
2018 19 APR	£177,500	£299,793	41% below HPI
2011 22 AUG	£115,000	£243,556	53% below HPI

2 FOXLEIGH 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 2 FOXLEIGH CLOSE sales between August 2011 and October 2022 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 April 2018 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the October 2022 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 2 FOXLEIGH CLOSE?

2 FOXLEIGH CLOSE is 54m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 10% of detached houses in Wem, based on EPC data. The below chart shows the distribution of detached houses by size in Wem, and where 2 FOXLEIGH CLOSE lies on this distribution: 3% of detached houses are smaller than 2 FOXLEIGH CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Wem.

2 FOXLEIGH CLOSE: Plot and Title Map

2 FOXLEIGH CLOSE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 2 FOXLEIGH 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 2 FOXLEIGH 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 2 FOXLEIGH CLOSE?

2 FOXLEIGH CLOSE is located in WEM, in the SY4 postcode district. The below map shows the position of No. 2 on FOXLEIGH CLOSE.