37, WINDMILL MEADOW, WEM, SHREWSBURY, SY4 5YH - £159,950

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.

37 WINDMILL MEADOW is a small extended terraced house of 80m², built sometime between 2003 and 2006, which could now be worth an estimated £232,581. It was last sold for £159,950 in December 2015, which was around 14% above the average December 2015 terraced price in the Shropshire local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was B.

37 WINDMILL MEADOW Sold Prices

Land registry data shows three sales for 37 WINDMILL MEADOW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Shropshire local authority area for the corresponding sale date. All of the three 37 WINDMILL MEADOW 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
2015 3 DEC	£159,950	£139,875	14% above HPI
2006 8 JUN	£164,000	£132,164	24% above HPI
2005 9 JUN	£137,200	£120,679	14% above HPI

37 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 three 37 WINDMILL MEADOW sales between June 2005 and December 2015 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 2006 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the December 2015 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 37 WINDMILL MEADOW be worth now?

37 WINDMILL MEADOW might now be worth an estimated £232,581.

This is based on house price inflation of 45.4%, between December 2015 and June 2025, 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 45.4% inflationary increase is applied to the most recent sale price for 37 WINDMILL MEADOW of £159,950 on 3rd December 2015. For the value to have increased from £159,950 to £232,581 over the ten years and six months to June 2025, the following assumptions must hold true:

• The value of 37 WINDMILL MEADOW has moved in line with the HPI for terraced houses in the Shropshire local authority area.
• The December 2015 sale price of £159,950 represented a fair market value for the property.
• The size, condition, and specification of 37 WINDMILL MEADOW has not materially changed since December 2015.

How Large is 37 WINDMILL MEADOW?

37 WINDMILL MEADOW is 80m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the smallest 30% 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 37 WINDMILL MEADOW lies on this distribution: 30% of terraced houses houses are smaller than 37 WINDMILL MEADOW, and 69% of houses are larger. Note that EPC data is not available for all properties in Wem.

37 WINDMILL MEADOW: Plot and Title Map

37 WINDMILL MEADOW sits on a plot of roughly 0.042 of an acre, or 168m². The below map shows the location of 37 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 37 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 37 WINDMILL MEADOW?

37 WINDMILL MEADOW is located in WEM, in the SY4 postcode district. The below map shows the position of No. 37 on WINDMILL MEADOW.