FAIRHOLME, ASTON ROAD, WEM, SHREWSBURY, SY4 5JD - £180,000

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

FAIRHOLME is a midsized detached house of 90m², built sometime between 1967 and 1975. It was last sold for £180,000 in March 2020, which was around 43% below the average March 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was A.

FAIRHOLME Sold Prices

Land registry data shows five sales for FAIRHOLME since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the five FAIRHOLME 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
2020 5 MAR	£180,000	£314,701	43% below HPI
2010 10 DEC	£140,000	£252,080	44% below HPI
2008 30 MAY	£155,000	£267,606	42% below HPI
2001 1 OCT	£79,950	£142,362	44% below HPI
2000 7 JAN	£59,950	£107,646	44% below HPI

FAIRHOLME 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 five FAIRHOLME sales between January 2000 and March 2020 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 2010 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the March 2020 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is FAIRHOLME?

FAIRHOLME is 90m² according to the EPC inspection conducted in September 2023. 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 FAIRHOLME lies on this distribution: 41% of detached houses are smaller than FAIRHOLME, and 58% of houses are larger. Note that EPC data is not available for all properties in Wem.

FAIRHOLME: Plot and Title Map

FAIRHOLME sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of FAIRHOLME, 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 FAIRHOLME). 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 FAIRHOLME?

FAIRHOLME is located on ASTON ROAD in WEM, in the SY4 postcode district. The below map shows the position of FAIRHOLME on ASTON ROAD.