5, SUN GROVE, WEM, SHREWSBURY, SY4 5HH - £222,500

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.

5 SUN GROVE is a very small semi-detached house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £276,013. It was last sold for £222,500 in March 2021, which was around 4% above the average March 2021 semi-detached price in the Shropshire local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

5 SUN GROVE Sold Prices

Land registry data shows two sales for 5 SUN GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Shropshire local authority area for the corresponding sale date. One of the two 5 SUN GROVE sales was for above the average price, whilst the other was 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
2021 12 MAR	£222,500	£214,018	4% above HPI
2015 28 AUG	£150,000	£171,716	13% below HPI

5 SUN GROVE 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 two 5 SUN GROVE sales from August 2015 and March 2021 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 2015 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2021 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 5 SUN GROVE be worth now?

5 SUN GROVE might now be worth an estimated £276,013.

This is based on house price inflation of 24.1%, between March 2021 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 24.1% inflationary increase is applied to the most recent sale price for 5 SUN GROVE of £222,500 on 12th March 2021. For the value to have increased from £222,500 to £276,013 over the four years to March 2025, the following assumptions must hold true:

• The value of 5 SUN GROVE has moved in line with the HPI for semi-detached houses in the Shropshire local authority area.
• The March 2021 sale price of £222,500 represented a fair market value for the property.
• The size, condition, and specification of 5 SUN GROVE has not materially changed since March 2021.

How Large is 5 SUN GROVE?

5 SUN GROVE is 70m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% 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 5 SUN GROVE lies on this distribution: 20% of semi-detached houses houses are smaller than 5 SUN GROVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Wem.

5 SUN GROVE: Plot and Title Map

5 SUN GROVE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 5 SUN GROVE, 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 5 SUN GROVE). 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 5 SUN GROVE?

5 SUN GROVE is located in WEM, in the SY4 postcode district. The below map shows the position of No. 5 on SUN GROVE.