10, WELLGATE, WEM, SHREWSBURY, SY4 5ES - £210,000

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.

10 WELLGATE is a midsized detached house of 95m², built sometime between 1950 and 1966, which could now be worth an estimated £289,857. It was last sold for £210,000 in January 2018, which was around 31% below the average January 2018 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

10 WELLGATE Sold Prices

Land registry data shows one sale for 10 WELLGATE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Shropshire local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 9 JAN	£210,000	£305,975	31% below HPI

What might 10 WELLGATE be worth now?

10 WELLGATE might now be worth an estimated £289,857.

This is based on house price inflation of 38%, between January 2018 and May 2026, 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% inflationary increase is applied to the most recent sale price for 10 WELLGATE of £210,000 on 9th January 2018. For the value to have increased from £210,000 to £289,857 over the seven years and eight months to May 2026, the following assumptions must hold true:

• The value of 10 WELLGATE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The January 2018 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 10 WELLGATE has not materially changed since January 2018.

How Large is 10 WELLGATE?

10 WELLGATE is 95m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 50% of detached houses in Wem, based on EPC data. The below chart shows the distribution of detached houses by size in Wem, and where 10 WELLGATE lies on this distribution: 47% of detached houses are smaller than 10 WELLGATE, and 53% of detached houses are larger. Note that EPC data is not available for all properties in Wem.

10 WELLGATE: Plot

10 WELLGATE sits on a plot of roughly 0.266 of an acre, or 1,078m².

Where is 10 WELLGATE?

10 WELLGATE is located in WEM, in the SY4 postcode district.