6, CEDAR GROVE, WEM, SHREWSBURY, SY4 5DQ - £345,000

6 CEDAR GROVE is a large detached house of 112m², built sometime between 1996 and 2002. It was last sold for £345,000 in January 2023, which was around 13% below the average January 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

6 CEDAR GROVE Sold Prices

Land registry data shows two sales for 6 CEDAR GROVE 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 6 CEDAR GROVE 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 16 JAN	£345,000	£397,505	13% below HPI
1998 5 JUN	£26,000	£96,250	73% below HPI

6 CEDAR GROVE 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 6 CEDAR GROVE sales from June 1998 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 June 1998 sale was for 73% below the HPI. So the extrapolation line tracks at 73% below the HPI over time, until the January 2023 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 6 CEDAR GROVE?

6 CEDAR GROVE is 112m² according to the EPC inspection conducted in January 2022. This puts it in the largest 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 6 CEDAR GROVE lies on this distribution: 61% of detached houses are smaller than 6 CEDAR GROVE, and 38% of houses are larger. Note that EPC data is not available for all properties in Wem.

6 CEDAR GROVE: Plot and Title Map

6 CEDAR GROVE sits on a plot of roughly 0.141 of an acre, or 572m². The below map shows the location of 6 CEDAR GROVE, 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 6 CEDAR GROVE). 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 6 CEDAR GROVE?

6 CEDAR GROVE is located in WEM, in the SY4 postcode district. The below map shows the position of No. 6 on CEDAR GROVE.