39, CHURCHILL DRIVE, WEM, SHREWSBURY, SY4 5HX - £280,000

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

39 CHURCHILL DRIVE is a small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £280,000 in September 2023, which was around 29% below the average September 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

39 CHURCHILL DRIVE Sold Prices

Land registry data shows three sales for 39 CHURCHILL DRIVE 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 39 CHURCHILL DRIVE 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 21 SEP	£280,000	£393,176	29% below HPI
2013 8 AUG	£148,000	£256,441	42% below HPI
2002 14 JUN	£91,500	£154,208	41% below HPI

39 CHURCHILL DRIVE 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 39 CHURCHILL DRIVE sales between June 2002 and September 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 August 2013 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the September 2023 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 39 CHURCHILL DRIVE?

39 CHURCHILL DRIVE is 83m² according to the EPC inspection conducted in April 2022. 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 39 CHURCHILL DRIVE lies on this distribution: 33% of detached houses are smaller than 39 CHURCHILL DRIVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Wem.

39 CHURCHILL DRIVE: Plot and Title Map

39 CHURCHILL DRIVE sits on a plot of roughly 4.5 acres, or 18,245m². The below map shows the location of 39 CHURCHILL DRIVE, 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 39 CHURCHILL DRIVE). 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 39 CHURCHILL DRIVE?

39 CHURCHILL DRIVE is located in WEM, in the SY4 postcode district. The below map shows the position of No. 39 on CHURCHILL DRIVE.