SUNNYCROFT, SUMMERFIELD ROAD, WEM, SHREWSBURY, SY4 5BW - £575,000

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

SUNNYCROFT is a very large extended detached house of 261m², built sometime before 1900. It was last sold for £575,000 in September 2023, which was around 46% above the average September 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was D.

SUNNYCROFT Sold Prices

Land registry data shows three sales for SUNNYCROFT 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 SUNNYCROFT 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
2023 15 SEP	£575,000	£393,176	46% above HPI
2014 12 DEC	£342,100	£262,776	30% above HPI
1996 4 APR	£140,500	£81,394	73% above HPI

SUNNYCROFT 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 SUNNYCROFT sales between April 1996 and September 2023 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 2014 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the September 2023 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is SUNNYCROFT?

SUNNYCROFT is 261m², which includes two extensions, according to the EPC inspection conducted in February 2014. 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 SUNNYCROFT lies on this distribution: 99% of detached houses are smaller than SUNNYCROFT, and 1% of houses are larger. Note that EPC data is not available for all properties in Wem.

SUNNYCROFT: Plot and Title Map

SUNNYCROFT sits on a plot of roughly 0.224 of an acre, or 907m². The below map shows the location of SUNNYCROFT, 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 SUNNYCROFT). 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 SUNNYCROFT?

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