25, DAVIES DRIVE, WEM, SHREWSBURY, SY4 5YW - £130,000

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

25 DAVIES DRIVE is a very small detached house of 54m², built sometime between 1991 and 1995. It was last sold for £130,000 in July 2014, which was around 50% below the average July 2014 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

25 DAVIES DRIVE Sold Prices

Land registry data shows four sales for 25 DAVIES DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the four 25 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
2014 2 JUL	£130,000	£257,803	50% below HPI
2002 14 JUN	£85,000	£154,208	45% below HPI
1999 10 DEC	£58,950	£107,820	45% below HPI
1995 13 OCT	£41,000	£82,544	50% below HPI

25 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 four 25 DAVIES DRIVE sales between October 1995 and July 2014 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 June 2002 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the July 2014 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 25 DAVIES DRIVE?

25 DAVIES DRIVE is 54m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% of detached houses in Wem, based on EPC data. The below chart shows the distribution of detached houses by size in Wem, and where 25 DAVIES DRIVE lies on this distribution: 3% of detached houses are smaller than 25 DAVIES DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Wem.

25 DAVIES DRIVE: Plot and Title Map

25 DAVIES DRIVE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 25 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 25 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 25 DAVIES DRIVE?

25 DAVIES DRIVE is located in WEM, in the SY4 postcode district. The below map shows the position of No. 25 on DAVIES DRIVE.