8, WEM ROAD, CLIVE, SHREWSBURY, SY4 3JH - £307,000

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 WEM ROAD is a very small extended semi-detached house of 103m², built sometime before 1900. It was last sold for £307,000 in September 2012, which was around 21% above the average September 2012 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

8 WEM ROAD Sold Prices

Land registry data shows two sales for 8 WEM ROAD 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 WEM ROAD 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
2012 7 SEP	£307,000	£253,802	21% above HPI
2005 8 APR	£287,500	£233,392	23% above HPI

8 WEM ROAD 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 WEM ROAD sales from April 2005 and September 2012 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 April 2005 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the September 2012 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 8 WEM ROAD?

8 WEM ROAD is 103m², which includes two extensions, according to the EPC inspection conducted in March 2014. This puts it in the smallest 20% of detached houses in Clive, based on EPC data. The below chart shows the distribution of detached houses by size in Clive, and where 8 WEM ROAD lies on this distribution: 13% of detached houses are smaller than 8 WEM ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Clive.

8 WEM ROAD: Plot and Title Map

8 WEM ROAD sits on a plot of roughly 0.223 of an acre, or 904m². The below map shows the location of 8 WEM ROAD, 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 WEM ROAD). 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 WEM ROAD?

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