STEPPING STONES, ASTON ROAD, WEM, SHREWSBURY, SY4 5JD - £188,500

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

STEPPING STONES is a very small extended detached house of 69m², built sometime between 1967 and 1975. It was last sold for £188,500 in December 2020, which was around 44% below the average December 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was B.

STEPPING STONES Sold Prices

Land registry data shows three sales for STEPPING STONES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the three STEPPING STONES 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
2020 18 DEC	£188,500	£335,787	44% below HPI
2018 4 SEP	£150,000	£311,224	52% below HPI
2017 8 AUG	£167,500	£293,348	43% below HPI

STEPPING STONES 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 three STEPPING STONES sales between August 2017 and December 2020 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 2018 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the December 2020 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is STEPPING STONES?

STEPPING STONES is 69m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 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 STEPPING STONES lies on this distribution: 18% of detached houses are smaller than STEPPING STONES, and 81% of houses are larger. Note that EPC data is not available for all properties in Wem.

STEPPING STONES: Plot and Title Map

STEPPING STONES sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of STEPPING STONES, 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 STEPPING STONES). 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 STEPPING STONES?

STEPPING STONES is located on ASTON ROAD in WEM, in the SY4 postcode district. The below map shows the position of STEPPING STONES on ASTON ROAD.