5, MARLCROFT, WEM, SHREWSBURY, SY4 5AN - £200,000

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

5 MARLCROFT is a small extended detached house of 83m², built sometime between 1976 and 1982. It was last sold for £200,000 in May 2015, which was around 25% below the average May 2015 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

5 MARLCROFT Sold Prices

Land registry data shows two sales for 5 MARLCROFT 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 5 MARLCROFT 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 15 MAY	£200,000	£266,330	25% below HPI
2010 7 SEP	£165,000	£263,429	37% below HPI

5 MARLCROFT 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 5 MARLCROFT sales from September 2010 and May 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 September 2010 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2015 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 5 MARLCROFT?

5 MARLCROFT is 83m², which includes one extension, according to the EPC inspection conducted in August 2014. 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 5 MARLCROFT lies on this distribution: 33% of detached houses are smaller than 5 MARLCROFT, and 66% of houses are larger. Note that EPC data is not available for all properties in Wem.

5 MARLCROFT: Plot and Title Map

5 MARLCROFT sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 5 MARLCROFT, 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 5 MARLCROFT). 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 5 MARLCROFT?

5 MARLCROFT is located in WEM, in the SY4 postcode district. The below map shows the position of No. 5 on MARLCROFT.