ROYDEN, SOULTON ROAD, WEM, SHREWSBURY, SY4 5HR - £242,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

ROYDEN is a midsized detached house of 93m², built sometime between 1930 and 1949. It was last sold for £242,000 in November 2016, which was around 16% below the average November 2016 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

ROYDEN Sold Prices

Land registry data shows two sales for ROYDEN 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 ROYDEN 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
2016 24 NOV	£242,000	£288,273	16% below HPI
2011 16 DEC	£217,500	£247,579	12% below HPI

ROYDEN 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 ROYDEN sales from December 2011 and November 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 December 2011 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2016 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is ROYDEN?

ROYDEN is 93m² according to the EPC inspection conducted in March 2016. 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 ROYDEN lies on this distribution: 45% of detached houses are smaller than ROYDEN, and 54% of houses are larger. Note that EPC data is not available for all properties in Wem.

ROYDEN: Plot and Title Map

ROYDEN sits on a plot of roughly 0.101 of an acre, or 411m². The below map shows the location of ROYDEN, 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 ROYDEN). 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 ROYDEN?

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