55, KYNASTON DRIVE, WEM, SHREWSBURY, SY4 5DE - £317,500

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

55 KYNASTON DRIVE is a very large extended detached house of 141m², built sometime between 1983 and 1990. It was last sold for £317,500 in January 2023, which was around 20% below the average January 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was C.

55 KYNASTON DRIVE Sold Prices

Land registry data shows three sales for 55 KYNASTON DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the three 55 KYNASTON DRIVE 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 12 JAN	£317,500	£395,690	20% below HPI
2016 17 AUG	£245,000	£287,287	15% below HPI
2010 16 AUG	£195,000	£258,384	25% below HPI

55 KYNASTON DRIVE 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 three 55 KYNASTON DRIVE sales between August 2010 and January 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 2016 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the January 2023 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 55 KYNASTON DRIVE?

55 KYNASTON DRIVE is 141m², which includes two extensions, according to the EPC inspection conducted in June 2022. 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 55 KYNASTON DRIVE lies on this distribution: 81% of detached houses are smaller than 55 KYNASTON DRIVE, and 19% of houses are larger. Note that EPC data is not available for all properties in Wem.

55 KYNASTON DRIVE: Plot and Title Map

55 KYNASTON DRIVE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 55 KYNASTON DRIVE, 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 55 KYNASTON DRIVE). 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 55 KYNASTON DRIVE?

55 KYNASTON DRIVE is located in WEM, in the SY4 postcode district. The below map shows the position of No. 55 on KYNASTON DRIVE.