44, FOTHERGILL WAY, WEM, SHREWSBURY, SY4 5NX - £352,500

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

44 FOTHERGILL WAY is a large detached house of 113m², built sometime between 1996 and 2002. It was last sold for £352,500 in June 2024, which was around 11% below the average June 2024 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

44 FOTHERGILL WAY Sold Prices

Land registry data shows two sales for 44 FOTHERGILL WAY 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 44 FOTHERGILL WAY 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
2024 5 JUN	£352,500	£394,499	11% below HPI
2014 24 OCT	£247,000	£267,654	8% below HPI

44 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 two 44 FOTHERGILL WAY sales from October 2014 and June 2024 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 October 2014 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2024 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 44 FOTHERGILL WAY?

44 FOTHERGILL WAY is 113m² according to the EPC inspection conducted in July 2014. 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 44 FOTHERGILL WAY lies on this distribution: 62% of detached houses are smaller than 44 FOTHERGILL WAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Wem.

44 FOTHERGILL WAY: Plot and Title Map

44 FOTHERGILL WAY sits on a plot of roughly 0.143 of an acre, or 579m². The below map shows the location of 44 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 44 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 44 FOTHERGILL WAY?

44 FOTHERGILL WAY is located in WEM, in the SY4 postcode district. The below map shows the position of No. 44 on FOTHERGILL WAY.