4, WELLMEADOW ROAD, SHREWSBURY, SY3 8UL - £325,000

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

4 WELLMEADOW ROAD is a very small detached house of 74m², built sometime between 1930 and 1949. It was last sold for £325,000 in July 2022, which was around 14% below the average July 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

4 WELLMEADOW ROAD Sold Prices

Land registry data shows three sales for 4 WELLMEADOW ROAD 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 4 WELLMEADOW ROAD 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
2022 27 JUL	£325,000	£379,676	14% below HPI
2002 15 FEB	£160,000	£142,475	12% above HPI
1998 5 JUN	£68,500	£96,250	29% below HPI

4 WELLMEADOW ROAD 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 4 WELLMEADOW ROAD sales between June 1998 and July 2022 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 2002 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the July 2022 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 4 WELLMEADOW ROAD?

4 WELLMEADOW ROAD is 74m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where 4 WELLMEADOW ROAD lies on this distribution: 7% of detached houses are smaller than 4 WELLMEADOW ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

4 WELLMEADOW ROAD: Plot and Title Map

4 WELLMEADOW ROAD sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 4 WELLMEADOW ROAD, 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 4 WELLMEADOW ROAD). 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 4 WELLMEADOW ROAD?

4 WELLMEADOW ROAD is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 4 on WELLMEADOW ROAD.