73 Somerset Way, Wem, Shrewsbury, SY4 5TW is a freehold terraced property built between 1983-1990. The property offers approximately 570 square feet of living space. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £113,978 , which equates to approximately £200 per square foot. It was last sold on 31 Mar 2021 for £95,000. Since then, the value has increased by £18,978, representing a 20.0% increase, or approximately 4.3% per year.

The current estimated value of £113,978 is:

  • 49.1% lower than the average property price on Somerset Way
  • 27.9% lower than the average in the SY4 5TW postcode area
  • and 65.5% lower than the average price for Shrewsbury as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 26 January 2023, the property was recorded as rented.

View sold house prices in SY4 5TW

Building approximate location

About Property

Type
Terraced House
Built
1983-1990
Interior Size
570 sq ft
Tenure
Freehold
Price (estimate)
£113,978
Price Per sq ft (estimate)
£200
Bedroom Count (estimate)
1 bedroom

EPC Summary

73 Somerset Way, Wem, Shrewsbury, North Shropshire, Shropshire, SY4 5TW has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 26 Jan 2023.

This property uses electric room heaters as its main heating source. The windows are fully double glazed.

The previous EPC assessment was conducted on 2 Nov 2011, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 25.9%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The hot water system was changed from electric immersion, off-peak to no system present: electric immersion assumed, with its energy efficiency changing from average to very poor.
  • The roof construction or insulation changed from pitched, 150 mm loft insulation to roof room(s), ceiling insulated, with no change in energy efficiency (good).
  • The lighting was changed from low energy lighting in 83% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Room heaters, electric
Very Poor
Hot Water
No system present: electric immersion assumed
Very Poor
Roof
Roof room(s), ceiling insulated
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SY4 5TW

12 th / 12
Price Rank
28% lower than average
4 th / 11
Size Rank
12% bigger than average
10 th / 11
Price Per Sq FT Rank
36% lower than average

Compared to other properties in SY4 5TW , this house's estimated value ranks 12th out of 12. Based on price per square foot, it ranks 10th out of 11 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 4th out of 11 properties in its postcode area.

Sale History

Today
£113,978
streetscan.co.uk estimate
+20 %
31 Mar 2021
£95,000
Leasehold
+11.8 %
9 Aug 2018
£85,000
Leasehold
+3 %
16 Oct 2015
£82,500
Leasehold
+111.5 %
26 Apr 2002
£39,000
Leasehold
+30 %
14 Aug 1998
£30,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 592 sq ft
sale price: £125,000
sale date: 14 Feb 2025
rooms: 3
size: 560 sq ft
sale price: £118,000
sale date: 24 Nov 2022

Data Sources

The property at 73 Somerset Way, Wem, Shrewsbury, SY4 5TW appears five times in the Land Registry records, with the latest transaction recorded on 31 Mar 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 26 Jan 2023. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


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