SUMMERFIELD HOUSE, SUMMERFIELD ROAD, WEM, SHREWSBURY, SY4 5BW - £222,500

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

SUMMERFIELD HOUSE is a very large extended detached house of 220m², built sometime between 1983 and 1990. It was last sold for £222,500 in August 2016, which was around 23% below the average August 2016 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2011, where the current energy rating was C, and the potential energy rating was C.

SUMMERFIELD HOUSE Sold Prices

Land registry data shows three sales for SUMMERFIELD HOUSE 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. Two of the three SUMMERFIELD HOUSE sales were for below the average price, whilst one was 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
2016 19 AUG	£222,500	£287,287	23% below HPI
2006 31 OCT	£187,000	£263,440	29% below HPI
1997 9 JUN	£205,000	£89,649	129% above HPI

SUMMERFIELD HOUSE 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 SUMMERFIELD HOUSE sales between June 1997 and August 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 October 2006 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2016 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is SUMMERFIELD HOUSE?

SUMMERFIELD HOUSE is 220m², which includes one extension, according to the EPC inspection conducted in August 2011. 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 SUMMERFIELD HOUSE lies on this distribution: 98% of detached houses are smaller than SUMMERFIELD HOUSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Wem.

SUMMERFIELD HOUSE: Plot and Title Map

SUMMERFIELD HOUSE sits on a plot of roughly 0.123 of an acre, or 500m². The below map shows the location of SUMMERFIELD HOUSE, 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 SUMMERFIELD HOUSE). 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 SUMMERFIELD HOUSE?

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