54, WINDMILL MEADOW, WEM, SHREWSBURY, SY4 5YH - £245,000

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

54 WINDMILL MEADOW is a small detached house of 87m², built sometime between 2003 and 2006. It was last sold for £245,000 in May 2023, which was around 36% below the average May 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

54 WINDMILL MEADOW Sold Prices

Land registry data shows four sales for 54 WINDMILL MEADOW since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the four 54 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
2023 26 MAY	£245,000	£380,616	36% below HPI
2021 27 AUG	£225,000	£349,165	36% below HPI
2019 15 NOV	£196,000	£316,161	38% below HPI
2005 22 JUL	£170,000	£235,354	28% below HPI

54 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 four 54 WINDMILL MEADOW sales between July 2005 and May 2023 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 August 2021 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2023 sale, which was also at 36% below the HPI.

How Large is 54 WINDMILL MEADOW?

54 WINDMILL MEADOW is 87m² according to the EPC inspection conducted in August 2019. 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 54 WINDMILL MEADOW lies on this distribution: 38% of detached houses are smaller than 54 WINDMILL MEADOW, and 61% of houses are larger. Note that EPC data is not available for all properties in Wem.

54 WINDMILL MEADOW: Plot and Title Map

54 WINDMILL MEADOW sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 54 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 54 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 54 WINDMILL MEADOW?

54 WINDMILL MEADOW is located in WEM, in the SY4 postcode district. The below map shows the position of No. 54 on WINDMILL MEADOW.