MEADOW RISE, WEM ROAD, HARMER HILL, SHREWSBURY, SY4 3EA - £440,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

MEADOW RISE is a midsized detached house of 153m², built sometime from 2007 onwards, which could now be worth an estimated £604,954. It was last sold for £440,000 in September 2017, which was around 45% above the average September 2017 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

MEADOW RISE Sold Prices

Land registry data shows two sales for MEADOW RISE 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 MEADOW RISE 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 20 SEP	£440,000	£303,503	45% above HPI
2008 19 DEC	£350,000	£256,582	36% above HPI

MEADOW RISE 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 MEADOW RISE sales from December 2008 and September 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 December 2008 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the September 2017 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might MEADOW RISE be worth now?

MEADOW RISE might now be worth an estimated £604,954.

This is based on house price inflation of 37.5%, between September 2017 and February 2025, for detached houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.5% inflationary increase is applied to the most recent sale price for MEADOW RISE of £440,000 on 20th September 2017. For the value to have increased from £440,000 to £604,954 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of MEADOW RISE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The September 2017 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of MEADOW RISE has not materially changed since September 2017.

How Large is MEADOW RISE?

MEADOW RISE is 153m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 50% of detached houses houses in Harmer Hill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Harmer Hill, and where MEADOW RISE lies on this distribution: 40% of detached houses houses are smaller than MEADOW RISE, and 60% of houses are larger. Note that EPC data is not available for all properties in Harmer Hill.

MEADOW RISE: Plot and Title Map

MEADOW RISE sits on a plot of roughly 0.150 of an acre, or 607m². The below map shows the location of MEADOW RISE, 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 MEADOW RISE). 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 MEADOW RISE?

MEADOW RISE is located on WEM ROAD in HARMER HILL, in the SY4 postcode district. The below map shows the position of MEADOW RISE on WEM ROAD.