21, SWAIN CLOSE, WEM, SHREWSBURY, SY4 5NZ - £350,000

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

21 SWAIN CLOSE is a very large extended detached house of 155m², built sometime between 2003 and 2006. It was last sold for £350,000 in January 2022, which was around 4% below the average January 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was C.

21 SWAIN CLOSE Sold Prices

Land registry data shows two sales for 21 SWAIN CLOSE 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 21 SWAIN 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 7 JAN	£350,000	£364,898	4% below HPI
2005 16 SEP	£213,656	£243,997	12% below HPI

21 SWAIN 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 two 21 SWAIN CLOSE sales from September 2005 and January 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 September 2005 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the January 2022 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 21 SWAIN CLOSE?

21 SWAIN CLOSE is 155m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the largest 20% of detached houses in Wem, based on EPC data. The below chart shows the distribution of detached houses by size in Wem, and where 21 SWAIN CLOSE lies on this distribution: 88% of detached houses are smaller than 21 SWAIN CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Wem.

21 SWAIN CLOSE: Plot and Title Map

21 SWAIN CLOSE sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 21 SWAIN 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 21 SWAIN 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 21 SWAIN CLOSE?

21 SWAIN CLOSE is located in WEM, in the SY4 postcode district. The below map shows the position of No. 21 on SWAIN CLOSE.