23, WINDMILL MEADOW, WEM, SHREWSBURY, SY4 5YH - £247,500

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

23 WINDMILL MEADOW is a midsized detached house of 95m², built sometime between 2003 and 2006. It was last sold for £247,500 in June 2022, which was around 34% below the average June 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

23 WINDMILL MEADOW Sold Prices

Land registry data shows three sales for 23 WINDMILL MEADOW 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 23 WINDMILL MEADOW 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 24 JUN	£247,500	£372,461	34% below HPI
2019 27 SEP	£163,000	£310,575	48% below HPI
2005 29 NOV	£168,000	£245,308	32% below HPI

23 WINDMILL MEADOW 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 23 WINDMILL MEADOW sales between November 2005 and June 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 2019 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the June 2022 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 23 WINDMILL MEADOW?

23 WINDMILL MEADOW is 95m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 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 23 WINDMILL MEADOW lies on this distribution: 47% of detached houses are smaller than 23 WINDMILL MEADOW, and 52% of houses are larger. Note that EPC data is not available for all properties in Wem.

23 WINDMILL MEADOW: Plot and Title Map

23 WINDMILL MEADOW sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 23 WINDMILL MEADOW, 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 23 WINDMILL MEADOW). 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 23 WINDMILL MEADOW?

23 WINDMILL MEADOW is located in WEM, in the SY4 postcode district. The below map shows the position of No. 23 on WINDMILL MEADOW.