16, WEMSBROOK DRIVE, WEM, SHREWSBURY, SY4 5AL - £321,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 WEMSBROOK DRIVE is a large detached house of 124m², built sometime between 1976 and 1982, which could now be worth an estimated £444,523. It was last sold for £321,000 in September 2016, which was around 8% above the average September 2016 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

16 WEMSBROOK DRIVE Sold Prices

Land registry data shows two sales for 16 WEMSBROOK DRIVE 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 16 WEMSBROOK DRIVE 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
2016 15 SEP	£321,000	£296,708	8% above HPI
2001 22 JUN	£167,000	£137,555	21% above HPI

16 WEMSBROOK DRIVE 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 16 WEMSBROOK DRIVE sales from June 2001 and September 2016 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 June 2001 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the September 2016 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 16 WEMSBROOK DRIVE be worth now?

16 WEMSBROOK DRIVE might now be worth an estimated £444,523.

This is based on house price inflation of 38.5%, between September 2016 and June 2025, for detached houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38.5% inflationary increase is applied to the most recent sale price for 16 WEMSBROOK DRIVE of £321,000 on 15th September 2016. For the value to have increased from £321,000 to £444,523 over the nine years and three months to June 2025, the following assumptions must hold true:

• The value of 16 WEMSBROOK DRIVE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The September 2016 sale price of £321,000 represented a fair market value for the property.
• The size, condition, and specification of 16 WEMSBROOK DRIVE has not materially changed since September 2016.

How Large is 16 WEMSBROOK DRIVE?

16 WEMSBROOK DRIVE is 124m² according to the EPC inspection conducted in October 2014. This puts it in the largest 30% of detached houses houses in Wem, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wem, and where 16 WEMSBROOK DRIVE lies on this distribution: 72% of detached houses houses are smaller than 16 WEMSBROOK DRIVE, and 27% of houses are larger. Note that EPC data is not available for all properties in Wem.

16 WEMSBROOK DRIVE: Plot and Title Map

16 WEMSBROOK DRIVE sits on a plot of roughly 3.2 acres, or 13,101m². The below map shows the location of 16 WEMSBROOK DRIVE, 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 16 WEMSBROOK DRIVE). 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 16 WEMSBROOK DRIVE?

16 WEMSBROOK DRIVE is located in WEM, in the SY4 postcode district. The below map shows the position of No. 16 on WEMSBROOK DRIVE.