4, DAVIES DRIVE, WEM, SHREWSBURY, SY4 5YW - £125,000

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.

4 DAVIES DRIVE is a small extended semi-detached house of 72m², built sometime between 1983 and 1990, which could now be worth an estimated £204,161. It was last sold for £125,000 in August 2010, which was around 23% below the average August 2010 semi-detached price in the Shropshire local authority area. The most recent EPC inspection was May 2023, where the current energy rating was E, and the potential energy rating was B.

4 DAVIES DRIVE Sold Prices

Land registry data shows three sales for 4 DAVIES DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Shropshire local authority area for the corresponding sale date. All of the three 4 DAVIES DRIVE 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
2010 27 AUG	£125,000	£162,550	23% below HPI
2007 24 AUG	£163,000	£176,576	8% below HPI
1998 25 SEP	£49,000	£58,942	17% below HPI

4 DAVIES DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Shropshire local authority area over time, sourced from the HPI. The three 4 DAVIES DRIVE sales between September 1998 and August 2010 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 2007 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2010 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 4 DAVIES DRIVE be worth now?

4 DAVIES DRIVE might now be worth an estimated £204,161.

This is based on house price inflation of 63.3%, between August 2010 and March 2025, for semi-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 63.3% inflationary increase is applied to the most recent sale price for 4 DAVIES DRIVE of £125,000 on 27th August 2010. For the value to have increased from £125,000 to £204,161 over the fifteen years and five months to March 2025, the following assumptions must hold true:

• The value of 4 DAVIES DRIVE has moved in line with the HPI for semi-detached houses in the Shropshire local authority area.
• The August 2010 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 4 DAVIES DRIVE has not materially changed since August 2010.

How Large is 4 DAVIES DRIVE?

4 DAVIES DRIVE is 72m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 30% of semi-detached houses houses in Wem, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wem, and where 4 DAVIES DRIVE lies on this distribution: 22% of semi-detached houses houses are smaller than 4 DAVIES DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Wem.

4 DAVIES DRIVE: Plot and Title Map

4 DAVIES DRIVE sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 4 DAVIES 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 4 DAVIES 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 4 DAVIES DRIVE?

4 DAVIES DRIVE is located in WEM, in the SY4 postcode district. The below map shows the position of No. 4 on DAVIES DRIVE.