22, DAVIES DRIVE, WEM, SHREWSBURY, SY4 5YW - £187,000

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

22 DAVIES DRIVE is a midsized extended detached house of 98m², built sometime between 1976 and 1982. It was last sold for £187,000 in September 2015, which was around 33% below the average September 2015 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was B.

22 DAVIES DRIVE Sold Prices

Land registry data shows three sales for 22 DAVIES DRIVE 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 22 DAVIES DRIVE 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 3 SEP	£187,000	£278,407	33% below HPI
2006 24 APR	£173,000	£243,580	29% below HPI
1999 30 APR	£68,000	£100,373	32% below HPI

22 DAVIES DRIVE 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 22 DAVIES DRIVE sales between April 1999 and September 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 April 2006 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2015 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 22 DAVIES DRIVE?

22 DAVIES DRIVE is 98m², which includes two extensions, according to the EPC inspection conducted in January 2014. This puts it in the largest 50% of detached houses in Wem, based on EPC data. The below chart shows the distribution of detached houses by size in Wem, and where 22 DAVIES DRIVE lies on this distribution: 49% of detached houses are smaller than 22 DAVIES DRIVE, and 50% of houses are larger. Note that EPC data is not available for all properties in Wem.

22 DAVIES DRIVE: Plot and Title Map

22 DAVIES DRIVE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 22 DAVIES DRIVE, 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 22 DAVIES DRIVE). 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 22 DAVIES DRIVE?

22 DAVIES DRIVE is located in WEM, in the SY4 postcode district. The below map shows the position of No. 22 on DAVIES DRIVE.