3, GUTTERY CLOSE, WEM, SHREWSBURY, SY4 5YG - £305,000

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 GUTTERY CLOSE is a large detached house of 129m², built sometime between 2003 and 2006. It was last sold for £305,000 in April 2021, which was around 9% below the average April 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

3 GUTTERY CLOSE Sold Prices

Land registry data shows three sales for 3 GUTTERY CLOSE 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. Two of the three 3 GUTTERY CLOSE sales were for below the average price, whilst one was for above 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
2021 12 APR	£305,000	£336,754	9% below HPI
2018 23 NOV	£299,500	£308,838	3% below HPI
2005 24 JUN	£245,000	£234,992	4% above HPI

3 GUTTERY 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 three 3 GUTTERY CLOSE sales between June 2005 and April 2021 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 November 2018 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the April 2021 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 3 GUTTERY CLOSE?

3 GUTTERY CLOSE is 129m² according to the EPC inspection conducted in August 2018. This puts it in the largest 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 GUTTERY CLOSE lies on this distribution: 76% of detached houses are smaller than 3 GUTTERY CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Wem.

3 GUTTERY CLOSE: Plot and Title Map

3 GUTTERY CLOSE sits on a plot of roughly 0.148 of an acre, or 600m². The below map shows the location of 3 GUTTERY 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 GUTTERY 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 GUTTERY CLOSE?

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