35, FISMES WAY, WEM, SHREWSBURY, SY4 5YD - £265,000

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.

35 FISMES WAY is a large detached house of 121m², built sometime between 1983 and 1990, which could now be worth an estimated £419,493. It was last sold for £265,000 in June 2011, which was around 2% above the average June 2011 detached price in the Shropshire local authority area. The most recent EPC inspection was December 2010, where the current energy rating was D, and the potential energy rating was C.

35 FISMES WAY Sold Prices

Land registry data shows two sales for 35 FISMES WAY 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 35 FISMES WAY 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
2011 1 JUN	£265,000	£259,561	2% above HPI
1997 8 MAY	£120,000	£90,923	32% above HPI

35 FISMES WAY 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 35 FISMES WAY sales from May 1997 and June 2011 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 1997 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the June 2011 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 35 FISMES WAY be worth now?

35 FISMES WAY might now be worth an estimated £419,493.

This is based on house price inflation of 58.3%, between June 2011 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 58.3% inflationary increase is applied to the most recent sale price for 35 FISMES WAY of £265,000 on 1st June 2011. For the value to have increased from £265,000 to £419,493 over the fourteen years to June 2025, the following assumptions must hold true:

• The value of 35 FISMES WAY has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The June 2011 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 35 FISMES WAY has not materially changed since June 2011.

How Large is 35 FISMES WAY?

35 FISMES WAY is 121m² according to the EPC inspection conducted in December 2010. This puts it in the largest 40% 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 35 FISMES WAY lies on this distribution: 70% of detached houses houses are smaller than 35 FISMES WAY, and 30% of houses are larger. Note that EPC data is not available for all properties in Wem.

35 FISMES WAY: Plot and Title Map

35 FISMES WAY sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of 35 FISMES WAY, 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 35 FISMES WAY). 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 35 FISMES WAY?

35 FISMES WAY is located in WEM, in the SY4 postcode district. The below map shows the position of No. 35 on FISMES WAY.