VRON HOUSE, SOULTON ROAD, WEM, SHREWSBURY, SY4 5BG - £245,000

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

VRON HOUSE is a very large detached house of 143m², built sometime before 1900. It was last sold for £245,000 in May 2004, which was around 14% above the average May 2004 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2011, where the current energy rating was E, and the potential energy rating was E.

VRON HOUSE Sold Prices

Land registry data shows two sales for VRON HOUSE 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 VRON HOUSE 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
2004 27 MAY	£245,000	£214,672	14% above HPI
1999 18 MAY	£105,000	£99,788	5% above HPI

VRON 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 two VRON HOUSE sales from May 1999 and May 2004 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 May 1999 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the May 2004 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is VRON HOUSE?

VRON HOUSE is 143m² according to the EPC inspection conducted in July 2011. This puts it in the largest 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 VRON HOUSE lies on this distribution: 83% of detached houses are smaller than VRON HOUSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Wem.

VRON HOUSE: Plot and Title Map

VRON HOUSE sits on a plot of roughly 0.198 of an acre, or 803m². The below map shows the location of VRON 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 VRON 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 VRON HOUSE?

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