7, CEDAR GROVE, WEM, SHREWSBURY, SY4 5DQ - £245,000

7 CEDAR GROVE is a very large extended detached house of 140m², built sometime between 1996 and 2002. It was last sold for £245,000 in October 2013, which was around 5% below the average October 2013 detached price in the Shropshire local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was D.

7 CEDAR GROVE Sold Prices

Land registry data shows two sales for 7 CEDAR GROVE 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 7 CEDAR GROVE 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
2013 11 OCT	£245,000	£256,647	5% below HPI
1998 3 FEB	£25,000	£93,580	73% below HPI

7 CEDAR GROVE 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 7 CEDAR GROVE sales from February 1998 and October 2013 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 February 1998 sale was for 73% below the HPI. So the extrapolation line tracks at 73% below the HPI over time, until the October 2013 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 7 CEDAR GROVE?

7 CEDAR GROVE is 140m², which includes one extension, according to the EPC inspection conducted in February 2010. This puts it in the largest 20% of detached houses in Wem, based on EPC data. The below chart shows the distribution of detached houses by size in Wem, and where 7 CEDAR GROVE lies on this distribution: 82% of detached houses are smaller than 7 CEDAR GROVE, and 18% of houses are larger. Note that EPC data is not available for all properties in Wem.

7 CEDAR GROVE: Plot and Title Map

7 CEDAR GROVE sits on a plot of roughly 13.5 acres, or 54,487m². The below map shows the location of 7 CEDAR 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 7 CEDAR 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 7 CEDAR GROVE?

7 CEDAR GROVE is located in WEM, in the SY4 postcode district. The below map shows the position of No. 7 on CEDAR GROVE.