79, NEW STREET, WEM, SHREWSBURY, SY4 5AF - £470,000

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

79 NEW STREET is a very large detached house of 307m², built sometime before 1900. It was last sold for £470,000 in August 2008, which was around 82% above the average August 2008 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was C.

79 NEW STREET Sold Prices

Land registry data shows two sales for 79 NEW STREET 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 79 NEW STREET 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
2008 26 AUG	£470,000	£258,374	82% above HPI
1998 17 JUL	£200,000	£96,426	107% above HPI

79 NEW STREET 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 79 NEW STREET sales from July 1998 and August 2008 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 1998 sale was for 107% above the HPI. So the extrapolation line tracks at 107% above the HPI over time, until the August 2008 sale, where it falls to 82% above the HPI. The line then continues to track at 82% above the HPI.

How Large is 79 NEW STREET?

79 NEW STREET is 307m² according to the EPC inspection conducted in November 2014. 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 79 NEW STREET lies on this distribution: 99% of detached houses are smaller than 79 NEW STREET, and 1% of houses are larger. Note that EPC data is not available for all properties in Wem.

79 NEW STREET: Plot and Title Map

79 NEW STREET sits on a plot of roughly 0.390 of an acre, or 1,579m². The below map shows the location of 79 NEW STREET, 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 79 NEW STREET). 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 79 NEW STREET?

79 NEW STREET is located in WEM, in the SY4 postcode district. The below map shows the position of No. 79 on NEW STREET.