51, WINDMILL MEADOW, WEM, SHREWSBURY, SY4 5YH - £167,500

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

51 WINDMILL MEADOW is a small detached house of 77m², built sometime between 2003 and 2006. It was last sold for £167,500 in March 2018, which was around 44% below the average March 2018 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

51 WINDMILL MEADOW Sold Prices

Land registry data shows two sales for 51 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 51 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
2018 29 MAR	£167,500	£301,057	44% below HPI
2005 16 SEP	£162,500	£243,997	33% below HPI

51 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 51 WINDMILL MEADOW sales from September 2005 and March 2018 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 2005 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2018 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 51 WINDMILL MEADOW?

51 WINDMILL MEADOW is 77m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 30% of detached houses in Wem, based on EPC data. The below chart shows the distribution of detached houses by size in Wem, and where 51 WINDMILL MEADOW lies on this distribution: 25% of detached houses are smaller than 51 WINDMILL MEADOW, and 74% of houses are larger. Note that EPC data is not available for all properties in Wem.

51 WINDMILL MEADOW: Plot and Title Map

51 WINDMILL MEADOW sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 51 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 51 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 51 WINDMILL MEADOW?

51 WINDMILL MEADOW is located in WEM, in the SY4 postcode district. The below map shows the position of No. 51 on WINDMILL MEADOW.