29, RODEN GROVE, WEM, SHREWSBURY, SY4 5HJ - £175,000

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

29 RODEN GROVE is a small detached house of 87m², built sometime between 1967 and 1975. It was last sold for £175,000 in July 2023, which was around 55% below the average July 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was C.

29 RODEN GROVE Sold Prices

Land registry data shows two sales for 29 RODEN GROVE 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. Both of the two 29 RODEN GROVE 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
2023 20 JUL	£175,000	£388,653	55% below HPI
2018 3 APR	£150,000	£299,793	50% below HPI

29 RODEN GROVE 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 29 RODEN GROVE sales from April 2018 and July 2023 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 2018 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the July 2023 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 29 RODEN GROVE?

29 RODEN GROVE is 87m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 40% of detached houses in Wem, based on EPC data. The below chart shows the distribution of detached houses by size in Wem, and where 29 RODEN GROVE lies on this distribution: 38% of detached houses are smaller than 29 RODEN GROVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Wem.

29 RODEN GROVE: Plot and Title Map

29 RODEN GROVE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 29 RODEN GROVE, 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 29 RODEN GROVE). 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 29 RODEN GROVE?

29 RODEN GROVE is located in WEM, in the SY4 postcode district. The below map shows the position of No. 29 on RODEN GROVE.