3, CREAMORE CORNER, WEM, SHREWSBURY, SY4 5YB - £200,000

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

3 CREAMORE CORNER is a small detached house of 80m², built sometime between 2003 and 2006. It was last sold for £200,000 in November 2018, which was around 35% below the average November 2018 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

3 CREAMORE CORNER Sold Prices

Land registry data shows three sales for 3 CREAMORE CORNER 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 3 CREAMORE CORNER 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
2018 16 NOV	£200,000	£308,838	35% below HPI
2011 24 JUN	£170,000	£252,508	33% below HPI
2004 30 NOV	£170,000	£236,912	28% below HPI

3 CREAMORE CORNER 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 3 CREAMORE CORNER sales between November 2004 and November 2018 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 2011 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2018 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 3 CREAMORE CORNER?

3 CREAMORE CORNER is 80m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 30% 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 CREAMORE CORNER lies on this distribution: 29% of detached houses are smaller than 3 CREAMORE CORNER, and 71% of houses are larger. Note that EPC data is not available for all properties in Wem.

3 CREAMORE CORNER: Plot and Title Map

3 CREAMORE CORNER sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 3 CREAMORE CORNER, 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 CREAMORE CORNER). 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 CREAMORE CORNER?

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