JALNA, SOULTON ROAD, WEM, SHREWSBURY, SY4 5HR - £290,000

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

JALNA is a very large extended detached house of 154m², built sometime between 1950 and 1966. It was last sold for £290,000 in June 2016, which was around 5% above the average June 2016 detached price in the Shropshire local authority area. The most recent EPC inspection was September 2016, where the current energy rating was E, and the potential energy rating was B.

JALNA Sold Prices

Land registry data shows four sales for JALNA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. two of the four JALNA sales were for above the average price, and four 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
2016 17 JUN	£290,000	£277,159	5% above HPI
2004 16 SEP	£215,000	£239,150	10% below HPI
2000 8 SEP	£113,000	£125,759	10% below HPI
1996 29 NOV	£91,500	£86,286	6% above HPI

JALNA 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 four JALNA sales between November 1996 and June 2016 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 September 2004 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2016 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is JALNA?

JALNA is 154m², which includes three extensions, according to the EPC inspection conducted in September 2016. This puts it in the largest 20% of detached houses in Wem, based on EPC data. The below chart shows the distribution of detached houses by size in Wem, and where JALNA lies on this distribution: 87% of detached houses are smaller than JALNA, and 12% of houses are larger. Note that EPC data is not available for all properties in Wem.

JALNA: Plot and Title Map

JALNA sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of JALNA, 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 JALNA). 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 JALNA?

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