9, BAZELEY WAY, WEM, SHREWSBURY, SY4 5QN - £365,000

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.

9 BAZELEY WAY is a very large detached house of 203m², built sometime between 2003 and 2006, which could now be worth an estimated £505,454. It was last sold for £365,000 in September 2016, which was around 23% above the average September 2016 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was C.

9 BAZELEY WAY Sold Prices

Land registry data shows four sales for 9 BAZELEY WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the four 9 BAZELEY WAY 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
2016 15 SEP	£365,000	£296,708	23% above HPI
2011 13 MAY	£315,000	£263,890	19% above HPI
2006 22 AUG	£344,000	£267,334	29% above HPI
2004 23 APR	£320,000	£221,223	45% above HPI

9 BAZELEY WAY 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 four 9 BAZELEY WAY sales between April 2004 and September 2016 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 May 2011 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the September 2016 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 9 BAZELEY WAY be worth now?

9 BAZELEY WAY might now be worth an estimated £505,454.

This is based on house price inflation of 38.5%, between September 2016 and June 2025, for 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 38.5% inflationary increase is applied to the most recent sale price for 9 BAZELEY WAY of £365,000 on 15th September 2016. For the value to have increased from £365,000 to £505,454 over the nine years and three months to June 2025, the following assumptions must hold true:

• The value of 9 BAZELEY WAY has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The September 2016 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 9 BAZELEY WAY has not materially changed since September 2016.

How Large is 9 BAZELEY WAY?

9 BAZELEY WAY is 203m² according to the EPC inspection conducted in April 2016. This puts it in the largest 10% of detached houses houses in Wem, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wem, and where 9 BAZELEY WAY lies on this distribution: 96% of detached houses houses are smaller than 9 BAZELEY WAY, and 4% of houses are larger. Note that EPC data is not available for all properties in Wem.

9 BAZELEY WAY: Plot and Title Map

9 BAZELEY WAY sits on a plot of roughly 0.200 of an acre, or 810m². The below map shows the location of 9 BAZELEY 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 9 BAZELEY 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 9 BAZELEY WAY?

9 BAZELEY WAY is located in WEM, in the SY4 postcode district. The below map shows the position of No. 9 on BAZELEY WAY.