WATERLOO COTTAGE, MILL STREET, WEM, SHREWSBURY, SY4 5EX - £200,000

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

WATERLOO COTTAGE is a small detached house of 82m², built sometime between 1900 and 1929. It was last sold for £200,000 in June 2022, which was around 46% below the average June 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was December 2018, where the current energy rating was E, and the potential energy rating was B.

WATERLOO COTTAGE Sold Prices

Land registry data shows five sales for WATERLOO COTTAGE 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 WATERLOO COTTAGE 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
2022 24 JUN	£200,000	£372,461	46% below HPI
2008 18 JUL	£135,000	£262,141	49% below HPI
2007 2 MAR	£145,000	£256,687	44% below HPI
2000 27 JUL	£77,500	£121,768	36% below HPI
1999 17 DEC	£40,000	£107,820	63% below HPI

WATERLOO COTTAGE 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 WATERLOO COTTAGE sales between December 1999 and June 2022 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 July 2008 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the June 2022 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is WATERLOO COTTAGE?

WATERLOO COTTAGE is 82m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 40% of detached houses in Wem, based on EPC data. The below chart shows the distribution of detached houses by size in Wem, and where WATERLOO COTTAGE lies on this distribution: 32% of detached houses are smaller than WATERLOO COTTAGE, and 67% of houses are larger. Note that EPC data is not available for all properties in Wem.

WATERLOO COTTAGE: Plot and Title Map

WATERLOO COTTAGE sits on a plot of roughly 0.039 of an acre, or 156m². The below map shows the location of WATERLOO COTTAGE, 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 WATERLOO COTTAGE). 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 WATERLOO COTTAGE?

WATERLOO COTTAGE is located on MILL STREET in WEM, in the SY4 postcode district. The below map shows the position of WATERLOO COTTAGE on MILL STREET.