35, FOTHERGILL WAY, WEM, SHREWSBURY, SY4 5NX - £295,000

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

35 FOTHERGILL WAY is a very large detached house of 139m², built sometime between 1983 and 1990. It was last sold for £295,000 in December 2020, which was around 12% below the average December 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was C.

35 FOTHERGILL WAY Sold Prices

Land registry data shows three sales for 35 FOTHERGILL WAY 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. One of the three 35 FOTHERGILL WAY sales was for below the average price, whilst two were 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
2020 18 DEC	£295,000	£335,787	12% below HPI
2002 22 JUL	£185,000	£160,697	15% above HPI
2001 23 AUG	£159,950	£137,742	16% above HPI

35 FOTHERGILL WAY 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 35 FOTHERGILL WAY sales between August 2001 and December 2020 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 2002 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the December 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 35 FOTHERGILL WAY?

35 FOTHERGILL WAY is 139m² according to the EPC inspection conducted in June 2020. This puts it in the largest 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 35 FOTHERGILL WAY lies on this distribution: 81% of detached houses are smaller than 35 FOTHERGILL WAY, and 19% of houses are larger. Note that EPC data is not available for all properties in Wem.

35 FOTHERGILL WAY: Plot and Title Map

35 FOTHERGILL WAY sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 35 FOTHERGILL WAY, 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 35 FOTHERGILL WAY). 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 35 FOTHERGILL WAY?

35 FOTHERGILL WAY is located in WEM, in the SY4 postcode district. The below map shows the position of No. 35 on FOTHERGILL WAY.