26, WINDMILL MEADOW, WEM, SHREWSBURY, SY4 5YH - £129,995

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.

26 WINDMILL MEADOW is a very small terraced house of 54m², built sometime between 2003 and 2006, which could now be worth an estimated £195,229. It was last sold for £129,995 in April 2007, which was around 7% below the average April 2007 terraced price in the Shropshire local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was B.

26 WINDMILL MEADOW Sold Prices

Land registry data shows two sales for 26 WINDMILL MEADOW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Shropshire local authority area for the corresponding sale date. One of the two 26 WINDMILL MEADOW sales was for below the average price, whilst the other was 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
2007 5 APR	£129,995	£139,423	7% below HPI
2004 17 DEC	£118,000	£117,352	1% above HPI

26 WINDMILL MEADOW Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Shropshire local authority area over time, sourced from the HPI. The two 26 WINDMILL MEADOW sales from December 2004 and April 2007 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 December 2004 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the April 2007 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 26 WINDMILL MEADOW be worth now?

26 WINDMILL MEADOW might now be worth an estimated £195,229.

This is based on house price inflation of 50.2%, between April 2007 and May 2026, for terraced 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 50.2% inflationary increase is applied to the most recent sale price for 26 WINDMILL MEADOW of £129,995 on 5th April 2007. For the value to have increased from £129,995 to £195,229 over the eighteen years and eleven months to May 2026, the following assumptions must hold true:

• The value of 26 WINDMILL MEADOW has moved in line with the HPI for terraced houses in the Shropshire local authority area.
• The April 2007 sale price of £129,995 represented a fair market value for the property.
• The size, condition, and specification of 26 WINDMILL MEADOW has not materially changed since April 2007.

How Large is 26 WINDMILL MEADOW?

26 WINDMILL MEADOW is 54m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% of terraced houses houses in Wem, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wem, and where 26 WINDMILL MEADOW lies on this distribution: 3% of terraced houses houses are smaller than 26 WINDMILL MEADOW, and 95% of houses are larger. Note that EPC data is not available for all properties in Wem.

26 WINDMILL MEADOW: Plot and Title Map

26 WINDMILL MEADOW sits on a plot of roughly 0.023 of an acre, or 93m². The below map shows the location of 26 WINDMILL MEADOW, 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 26 WINDMILL MEADOW). 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 26 WINDMILL MEADOW?

26 WINDMILL MEADOW is located in WEM, in the SY4 postcode district. The below map shows the position of No. 26 on WINDMILL MEADOW.