53, NEW STREET, WEM, SHREWSBURY, SY4 5AE - £180,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

53 NEW STREET is a very large extended semi-detached house of 158m², built sometime before 1900. It was last sold for £180,000 in May 2017, which was around 38% below the average May 2017 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

53 NEW STREET Sold Prices

Land registry data shows two sales for 53 NEW STREET 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 53 NEW STREET 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
2017 5 MAY	£180,000	£291,056	38% below HPI
2001 22 JUN	£80,000	£133,817	40% below HPI

53 NEW STREET 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 53 NEW STREET sales from June 2001 and May 2017 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 2001 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2017 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 53 NEW STREET?

53 NEW STREET is 158m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 20% of detached houses in Wem, based on EPC data. The below chart shows the distribution of detached houses by size in Wem, and where 53 NEW STREET lies on this distribution: 90% of detached houses are smaller than 53 NEW STREET, and 10% of houses are larger. Note that EPC data is not available for all properties in Wem.

53 NEW STREET: Plot and Title Map

53 NEW STREET sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 53 NEW STREET, 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 53 NEW STREET). 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 53 NEW STREET?

53 NEW STREET is located in WEM, in the SY4 postcode district. The below map shows the position of No. 53 on NEW STREET.