SUNRISE, ASTON ROAD, WEM, SHREWSBURY, SY4 5JD - £188,000

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

SUNRISE is a very small detached house of 69m², built sometime between 1967 and 1975. It was last sold for £188,000 in January 2020, which was around 40% below the average January 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

SUNRISE Sold Prices

Land registry data shows five sales for SUNRISE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the five SUNRISE 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 31 JAN	£188,000	£311,443	40% below HPI
2009 21 SEP	£170,000	£245,070	31% below HPI
2003 31 OCT	£135,000	£201,657	33% below HPI
2003 2 MAY	£110,000	£190,520	42% below HPI
1997 21 JUL	£37,700	£90,739	58% below HPI

SUNRISE 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 five SUNRISE sales between July 1997 and January 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 2009 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the January 2020 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is SUNRISE?

SUNRISE is 69m² according to the EPC inspection conducted in January 2019. 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 SUNRISE lies on this distribution: 18% of detached houses are smaller than SUNRISE, and 81% of houses are larger. Note that EPC data is not available for all properties in Wem.

SUNRISE: Plot and Title Map

SUNRISE sits on a plot of roughly 0.125 of an acre, or 504m². The below map shows the location of SUNRISE, 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 SUNRISE). 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 SUNRISE?

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