WHITE GATES, SOULTON ROAD, WEM, SHREWSBURY, SY4 5BG - £180,000

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

WHITE GATES is a small detached house of 81m², built sometime between 1967 and 1975. It was last sold for £180,000 in October 2020, which was around 46% below the average October 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

WHITE GATES Sold Prices

Land registry data shows three sales for WHITE GATES 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 WHITE GATES 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 30 OCT	£180,000	£330,930	46% below HPI
2001 12 AUG	£85,000	£137,742	38% below HPI
1997 13 JAN	£65,000	£86,278	25% below HPI

WHITE GATES 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 WHITE GATES sales between January 1997 and October 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 August 2001 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the October 2020 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is WHITE GATES?

WHITE GATES is 81m² according to the EPC inspection conducted in June 2020. 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 WHITE GATES lies on this distribution: 31% of detached houses are smaller than WHITE GATES, and 69% of houses are larger. Note that EPC data is not available for all properties in Wem.

WHITE GATES: Plot and Title Map

WHITE GATES sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of WHITE GATES, 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 WHITE GATES). 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 WHITE GATES?

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