8, CHURCHILL DRIVE, WEM, SHREWSBURY, SY4 5HU - £206,000

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

8 CHURCHILL DRIVE is a midsized extended detached house of 91m², built sometime between 1967 and 1975. It was last sold for £206,000 in March 2015, which was around 22% below the average March 2015 detached price in the Shropshire local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

8 CHURCHILL DRIVE Sold Prices

Land registry data shows two sales for 8 CHURCHILL DRIVE 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 8 CHURCHILL DRIVE 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
2015 16 MAR	£206,000	£265,306	22% below HPI
2008 3 DEC	£180,000	£249,609	28% below HPI

8 CHURCHILL DRIVE 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 8 CHURCHILL DRIVE sales from December 2008 and March 2015 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 December 2008 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2015 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 8 CHURCHILL DRIVE?

8 CHURCHILL DRIVE is 91m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 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 8 CHURCHILL DRIVE lies on this distribution: 43% of detached houses are smaller than 8 CHURCHILL DRIVE, and 56% of houses are larger. Note that EPC data is not available for all properties in Wem.

8 CHURCHILL DRIVE: Plot and Title Map

8 CHURCHILL DRIVE sits on a plot of roughly 0.177 of an acre, or 718m². The below map shows the location of 8 CHURCHILL DRIVE, 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 8 CHURCHILL DRIVE). 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 8 CHURCHILL DRIVE?

8 CHURCHILL DRIVE is located in WEM, in the SY4 postcode district. The below map shows the position of No. 8 on CHURCHILL DRIVE.