7, WINDMILL MEADOW, WEM, SHREWSBURY, SY4 5YH - £158,000

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

7 WINDMILL MEADOW is a small detached house of 89m², built sometime between 1991 and 1995. It was last sold for £158,000 in August 2013, which was around 38% below the average August 2013 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.

7 WINDMILL MEADOW Sold Prices

Land registry data shows three sales for 7 WINDMILL MEADOW 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 7 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
2013 29 AUG	£158,000	£256,441	38% below HPI
2009 5 AUG	£172,000	£245,257	30% below HPI
2004 10 SEP	£165,000	£239,150	31% below HPI

7 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 three 7 WINDMILL MEADOW sales between September 2004 and August 2013 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 2009 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2013 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 7 WINDMILL MEADOW?

7 WINDMILL MEADOW is 89m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 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 7 WINDMILL MEADOW lies on this distribution: 40% of detached houses are smaller than 7 WINDMILL MEADOW, and 59% of houses are larger. Note that EPC data is not available for all properties in Wem.

7 WINDMILL MEADOW: Plot and Title Map

7 WINDMILL MEADOW sits on a plot of roughly 0.051 of an acre, or 204m². The below map shows the location of 7 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 7 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 7 WINDMILL MEADOW?

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