STATION LODGE, SOULTON ROAD, WEM, SHREWSBURY, SY4 5BG - £435,000

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

STATION LODGE is a very large detached house of 164m², built sometime from 2007 onwards. It was last sold for £435,000 in September 2021, which was around 26% above the average September 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2013, where the current energy rating was C, and the potential energy rating was B.

STATION LODGE Sold Prices

Land registry data shows two sales for STATION LODGE 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 STATION LODGE 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
2021 6 SEP	£435,000	£344,438	26% above HPI
2016 17 JUN	£350,000	£277,159	26% above HPI

STATION LODGE 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 STATION LODGE sales from June 2016 and September 2021 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 June 2016 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the September 2021 sale, which was also at 26% above the HPI.

How Large is STATION LODGE?

STATION LODGE is 164m² according to the EPC inspection conducted in January 2013. This puts it in the largest 10% of detached houses in Wem, based on EPC data. The below chart shows the distribution of detached houses by size in Wem, and where STATION LODGE lies on this distribution: 92% of detached houses are smaller than STATION LODGE, and 8% of houses are larger. Note that EPC data is not available for all properties in Wem.

STATION LODGE: Plot and Title Map

STATION LODGE sits on a plot of roughly 0.199 of an acre, or 807m². The below map shows the location of STATION LODGE, 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 STATION LODGE). 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 STATION LODGE?

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