MAPLE CROFT, LOWE HILL ROAD, WEM, SHREWSBURY, SY4 5UA - £329,000

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

MAPLE CROFT is a large detached house of 138m², built sometime between 1983 and 1990. It was last sold for £329,000 in May 2017, which was around 13% above the average May 2017 detached price in the Shropshire local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was A.

MAPLE CROFT Sold Prices

Land registry data shows two sales for MAPLE CROFT 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 MAPLE CROFT 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
2017 26 MAY	£329,000	£291,056	13% above HPI
2007 1 NOV	£295,000	£280,614	5% above HPI

MAPLE CROFT 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 MAPLE CROFT sales from November 2007 and May 2017 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 November 2007 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the May 2017 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is MAPLE CROFT?

MAPLE CROFT is 138m² according to the EPC inspection conducted in February 2016. This puts it in the largest 30% of detached houses in Wem, based on EPC data. The below chart shows the distribution of detached houses by size in Wem, and where MAPLE CROFT lies on this distribution: 80% of detached houses are smaller than MAPLE CROFT, and 20% of houses are larger. Note that EPC data is not available for all properties in Wem.

MAPLE CROFT: Plot and Title Map

MAPLE CROFT sits on a plot of roughly 0.182 of an acre, or 738m². The below map shows the location of MAPLE CROFT, 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 MAPLE CROFT). 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 MAPLE CROFT?

MAPLE CROFT is located on LOWE HILL ROAD in WEM, in the SY4 postcode district. The below map shows the position of MAPLE CROFT on LOWE HILL ROAD.