62, PYMS ROAD, WEM, SHREWSBURY, SY4 5UU - £190,000

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

62 PYMS ROAD is a small detached house of 71m², built sometime between 1976 and 1982. It was last sold for £190,000 in February 2021, which was around 44% below the average February 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2012, where the current energy rating was B, and the potential energy rating was A.

62 PYMS ROAD Sold Prices

Land registry data shows two sales for 62 PYMS ROAD 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 62 PYMS ROAD 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
2021 18 FEB	£190,000	£337,441	44% below HPI
2004 1 JUL	£155,000	£226,153	31% below HPI

62 PYMS ROAD 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 62 PYMS ROAD sales from July 2004 and February 2021 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 July 2004 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2021 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 62 PYMS ROAD?

62 PYMS ROAD is 71m² according to the EPC inspection conducted in November 2012. 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 62 PYMS ROAD lies on this distribution: 21% of detached houses are smaller than 62 PYMS ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Wem.

62 PYMS ROAD: Plot and Title Map

62 PYMS ROAD sits on a plot of roughly 8.1 acres, or 32,882m². The below map shows the location of 62 PYMS ROAD, 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 62 PYMS ROAD). 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 62 PYMS ROAD?

62 PYMS ROAD is located in WEM, in the SY4 postcode district. The below map shows the position of No. 62 on PYMS ROAD.