7, FISMES WAY, WEM, SHREWSBURY, SY4 5YD - £399,995

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

7 FISMES WAY is a very large detached house of 217m², built sometime between 1983 and 1990. It was last sold for £399,995 in March 2021, which was around 18% above the average March 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was C.

7 FISMES WAY Sold Prices

Land registry data shows two sales for 7 FISMES WAY 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 7 FISMES WAY sales were for above 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 31 MAR	£399,995	£338,371	18% above HPI
1998 27 JAN	£170,000	£95,272	78% above HPI

7 FISMES WAY 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 7 FISMES WAY sales from January 1998 and March 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 January 1998 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the March 2021 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 7 FISMES WAY?

7 FISMES WAY is 217m² according to the EPC inspection conducted in December 2016. This puts it in the largest 10% of detached houses in Wem, based on EPC data. The below chart shows the distribution of detached houses by size in Wem, and where 7 FISMES WAY lies on this distribution: 98% of detached houses are smaller than 7 FISMES WAY, and 2% of houses are larger. Note that EPC data is not available for all properties in Wem.

7 FISMES WAY: Plot and Title Map

7 FISMES WAY sits on a plot of roughly 0.220 of an acre, or 889m². The below map shows the location of 7 FISMES WAY, 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 7 FISMES WAY). 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 7 FISMES WAY?

7 FISMES WAY is located in WEM, in the SY4 postcode district. The below map shows the position of No. 7 on FISMES WAY.