BEECHDENE, BARNARD STREET, WEM, SHREWSBURY, SY4 5EE - £278,500

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

BEECHDENE is a small detached house of 87m², built sometime between 1991 and 1995. It was last sold for £278,500 in May 2024, which was around 29% below the average May 2024 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

BEECHDENE Sold Prices

Land registry data shows two sales for BEECHDENE 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 BEECHDENE 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
2024 10 MAY	£278,500	£393,229	29% below HPI
2001 1 FEB	£70,000	£125,258	44% below HPI

BEECHDENE 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 BEECHDENE sales from February 2001 and May 2024 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 February 2001 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the May 2024 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is BEECHDENE?

BEECHDENE is 87m² according to the EPC inspection conducted in November 2022. 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 BEECHDENE lies on this distribution: 38% of detached houses are smaller than BEECHDENE, and 61% of houses are larger. Note that EPC data is not available for all properties in Wem.

BEECHDENE: Plot and Title Map

BEECHDENE sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of BEECHDENE, 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 BEECHDENE). 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 BEECHDENE?

BEECHDENE is located on BARNARD STREET in WEM, in the SY4 postcode district. The below map shows the position of BEECHDENE on BARNARD STREET.