20, WELL MEAD LANE, LONGDEN, SHREWSBURY, SY5 8EW - £410,000

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

20 WELL MEAD LANE is a very large detached house of 154m², built sometime between 1976 and 1982. It was last sold for £410,000 in April 2018, which was around 37% above the average April 2018 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was B.

20 WELL MEAD LANE Sold Prices

Land registry data shows two sales for 20 WELL MEAD LANE 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 WELL MEAD LANE 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
2018 27 APR	£410,000	£299,793	37% above HPI
1997 26 MAR	£100,000	£87,321	15% above HPI

20 WELL MEAD LANE 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 WELL MEAD LANE sales from March 1997 and April 2018 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 March 1997 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the April 2018 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 20 WELL MEAD LANE?

20 WELL MEAD LANE is 154m² according to the EPC inspection conducted in January 2018. This puts it in the largest 20% of detached houses in Longden, based on EPC data. The below chart shows the distribution of detached houses by size in Longden, and where 20 WELL MEAD LANE lies on this distribution: 83% of detached houses are smaller than 20 WELL MEAD LANE, and 17% of houses are larger. Note that EPC data is not available for all properties in Longden.

20 WELL MEAD LANE: Plot and Title Map

20 WELL MEAD LANE sits on a plot of roughly 0.427 of an acre, or 1,727m². The below map shows the location of 20 WELL MEAD LANE, 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 WELL MEAD LANE). 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 WELL MEAD LANE?

20 WELL MEAD LANE is located in LONGDEN, in the SY5 postcode district. The below map shows the position of No. 20 on WELL MEAD LANE.