41, WINDMILL MEADOW, WEM, SHREWSBURY, SY4 5YH - £185,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

41 WINDMILL MEADOW is a large extended detached house of 116m², built sometime between 2003 and 2006. It was last sold for £185,000 in November 2015, which was around 33% below the average November 2015 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

41 WINDMILL MEADOW Sold Prices

Land registry data shows two sales for 41 WINDMILL MEADOW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Both of the two 41 WINDMILL MEADOW 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
2015 12 NOV	£185,000	£277,509	33% below HPI
2005 21 JUN	£212,000	£234,992	10% below HPI

41 WINDMILL MEADOW 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 two 41 WINDMILL MEADOW sales from June 2005 and November 2015 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 2005 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2015 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 41 WINDMILL MEADOW?

41 WINDMILL MEADOW is 116m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the largest 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 41 WINDMILL MEADOW lies on this distribution: 64% of detached houses are smaller than 41 WINDMILL MEADOW, and 35% of houses are larger. Note that EPC data is not available for all properties in Wem.

41 WINDMILL MEADOW: Plot and Title Map

41 WINDMILL MEADOW sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 41 WINDMILL MEADOW, 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 41 WINDMILL MEADOW). 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 41 WINDMILL MEADOW?

41 WINDMILL MEADOW is located in WEM, in the SY4 postcode district. The below map shows the position of No. 41 on WINDMILL MEADOW.