3, ARDEN CLOSE, WEM, SHREWSBURY, SY4 5LX - £136,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

3 ARDEN CLOSE is a very small detached house of 61m², built sometime between 1983 and 1990. It was last sold for £136,000 in October 2015, which was around 51% below the average October 2015 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

3 ARDEN CLOSE Sold Prices

Land registry data shows two sales for 3 ARDEN CLOSE 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 3 ARDEN CLOSE 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
2015 7 OCT	£136,000	£278,296	51% below HPI
2010 19 FEB	£170,000	£252,483	33% below HPI

3 ARDEN CLOSE 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 3 ARDEN CLOSE sales from February 2010 and October 2015 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 February 2010 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2015 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 3 ARDEN CLOSE?

3 ARDEN CLOSE is 61m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% of detached houses in Wem, based on EPC data. The below chart shows the distribution of detached houses by size in Wem, and where 3 ARDEN CLOSE lies on this distribution: 11% of detached houses are smaller than 3 ARDEN CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Wem.

3 ARDEN CLOSE: Plot and Title Map

3 ARDEN CLOSE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 3 ARDEN CLOSE, 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 3 ARDEN CLOSE). 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 3 ARDEN CLOSE?

3 ARDEN CLOSE is located in WEM, in the SY4 postcode district. The below map shows the position of No. 3 on ARDEN CLOSE.