28, LEEK STREET, WEM, SHREWSBURY, SY4 5EP - £279,000

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

28 LEEK STREET is a midsized detached house of 107m². It was last sold for £279,000 in December 2019, which was around 11% below the average December 2019 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2017, where the current energy rating was B, and the potential energy rating was A.

28 LEEK STREET Sold Prices

Land registry data shows four sales for 28 LEEK STREET 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 28 LEEK STREET 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
2019 9 DEC	£279,000	£311,817	11% below HPI
2018 25 JUL	£249,950	£305,677	18% below HPI
2015 1 APR	£75,000	£263,980	72% below HPI
2011 24 AUG	£90,000	£243,556	63% below HPI

28 LEEK STREET 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 28 LEEK STREET sales between August 2011 and December 2019 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 July 2018 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2019 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 28 LEEK STREET?

28 LEEK STREET is 107m² 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 28 LEEK STREET lies on this distribution: 56% of detached houses are smaller than 28 LEEK STREET, and 44% of houses are larger. Note that EPC data is not available for all properties in Wem.

28 LEEK STREET: Plot and Title Map

28 LEEK STREET sits on a plot of roughly 0.350 of an acre, or 1,415m². The below map shows the location of 28 LEEK STREET, 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 28 LEEK STREET). 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 28 LEEK STREET?

28 LEEK STREET is located in WEM, in the SY4 postcode district. The below map shows the position of No. 28 on LEEK STREET.