62, WINDMILL MEADOW, WEM, SHREWSBURY, SY4 5YH - £175,000

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 WINDMILL MEADOW is a midsized detached house of 109m², built sometime between 2003 and 2006. It was last sold for £175,000 in September 2009, which was around 29% below the average September 2009 detached price in the Shropshire local authority area. The most recent EPC inspection was September 2008, where the current energy rating was C, and the potential energy rating was C.

62 WINDMILL MEADOW Sold Prices

Land registry data shows two sales for 62 WINDMILL MEADOW 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 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
2009 1 SEP	£175,000	£245,070	29% below HPI
2005 26 AUG	£160,000	£240,393	33% below HPI

62 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 two 62 WINDMILL MEADOW sales from August 2005 and September 2009 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 2005 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2009 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 62 WINDMILL MEADOW?

62 WINDMILL MEADOW is 109m² according to the EPC inspection conducted in September 2008. This puts it in the largest 50% 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 WINDMILL MEADOW lies on this distribution: 59% of detached houses are smaller than 62 WINDMILL MEADOW, and 41% of houses are larger. Note that EPC data is not available for all properties in Wem.

62 WINDMILL MEADOW: Plot and Title Map

62 WINDMILL MEADOW sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 62 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 62 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 62 WINDMILL MEADOW?

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