75, SOMERSET WAY, WEM, SHREWSBURY, SY4 5TW - £57,950

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.

75 SOMERSET WAY is a very small terraced house of 31m², built sometime between 1983 and 1990, which could now be worth an estimated £139,445. It was last sold for £57,950 in February 2003, which was around 31% below the average February 2003 terraced price in the Shropshire local authority area. The most recent EPC inspection was January 2009, where the current energy rating was E, and the potential energy rating was D.

75 SOMERSET WAY Sold Prices

Land registry data shows two sales for 75 SOMERSET WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Shropshire local authority area for the corresponding sale date. Both of the two 75 SOMERSET WAY 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
2003 18 FEB	£57,950	£84,524	31% below HPI
1996 25 MAR	£30,500	£38,333	20% below HPI

75 SOMERSET WAY 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 two 75 SOMERSET WAY sales from March 1996 and February 2003 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 March 1996 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2003 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 75 SOMERSET WAY be worth now?

75 SOMERSET WAY might now be worth an estimated £139,445.

This is based on house price inflation of 140.6%, between February 2003 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 140.6% inflationary increase is applied to the most recent sale price for 75 SOMERSET WAY of £57,950 on 18th February 2003. For the value to have increased from £57,950 to £139,445 over the 21 years and eight months to June 2025, the following assumptions must hold true:

• The value of 75 SOMERSET WAY has moved in line with the HPI for terraced houses in the Shropshire local authority area.
• The February 2003 sale price of £57,950 represented a fair market value for the property.
• The size, condition, and specification of 75 SOMERSET WAY has not materially changed since February 2003.

How Large is 75 SOMERSET WAY?

75 SOMERSET WAY is 31m² according to the EPC inspection conducted in January 2009. This puts it in the smallest 10% 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 75 SOMERSET WAY lies on this distribution: Less than 1% of terraced houses houses are smaller than 75 SOMERSET WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Wem.

75 SOMERSET WAY: Plot and Title Map

75 SOMERSET WAY sits on a plot of roughly 0.036 of an acre, or 146m². The below map shows the location of 75 SOMERSET 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 75 SOMERSET 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 75 SOMERSET WAY?

75 SOMERSET WAY is located in WEM, in the SY4 postcode district. The below map shows the position of No. 75 on SOMERSET WAY.