20, ORCHARD WAY, WEM, SHREWSBURY, SY4 5DY - £139,000

20 ORCHARD WAY is a small extended detached house of 74m², built sometime between 1996 and 2002. It was last sold for £139,000 in November 2015, which was around 50% below the average November 2015 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

20 ORCHARD WAY Sold Prices

Land registry data shows two sales for 20 ORCHARD 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 20 ORCHARD 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
2015 9 NOV	£139,000	£277,509	50% below HPI
2002 11 OCT	£109,995	£169,966	35% below HPI

20 ORCHARD 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 20 ORCHARD WAY sales from October 2002 and November 2015 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 2002 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2015 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 20 ORCHARD WAY?

20 ORCHARD WAY is 74m², which includes one extension, according to the EPC inspection conducted in May 2015. 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 20 ORCHARD WAY lies on this distribution: 22% of detached houses are smaller than 20 ORCHARD WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Wem.

20 ORCHARD WAY: Plot and Title Map

20 ORCHARD WAY sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 20 ORCHARD 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 20 ORCHARD 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 20 ORCHARD WAY?

20 ORCHARD WAY is located in WEM, in the SY4 postcode district. The below map shows the position of No. 20 on ORCHARD WAY.