22, FISMES WAY, WEM, SHREWSBURY, SY4 5YD - £260,000

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 FISMES WAY is a midsized detached house of 98m², built sometime between 1983 and 1990. It was last sold for £260,000 in March 2018, which was around 14% below the average March 2018 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

22 FISMES WAY Sold Prices

Land registry data shows two sales for 22 FISMES 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. One of the two 22 FISMES WAY sales was for below the average price, whilst the other was 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 16 MAR	£260,000	£301,057	14% below HPI
2002 14 NOV	£200,000	£173,056	16% above HPI

22 FISMES 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 22 FISMES WAY sales from November 2002 and March 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 November 2002 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the March 2018 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 22 FISMES WAY?

22 FISMES WAY is 98m² according to the EPC inspection conducted in October 2017. 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 FISMES WAY lies on this distribution: 49% of detached houses are smaller than 22 FISMES WAY, and 50% of houses are larger. Note that EPC data is not available for all properties in Wem.

22 FISMES WAY: Plot and Title Map

22 FISMES WAY sits on a plot of roughly 0.194 of an acre, or 786m². The below map shows the location of 22 FISMES 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 22 FISMES 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 22 FISMES WAY?

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