40, Mill Street, SY4 5EX
40 Mill Street is a 131 m² / 1,410 sq ft detached home in Wem. It sold for £280,000 in March 2023. Indexed forward to today's value, that sale is roughly £295k. Recent local prices imply a broad valuation context of £303k to £436k based on its internal area. The Land Registry and EPC data was last updated 1 June 2026.
- Sale history
-
Date Paid price Annual growth After inflation Mar 2023 £280,000 * 3.1% 0.6% Mar 2002 £146,500 na na *This price paid record has been flagged by Land Registry as a 'Category B: Additional Price Paid entry'. This could be due to a variety of reasons, such as the sale being a buy-to-let purchase, a repossession or a transfer to a limited company. When Land Registry suspects that a sale does not reflect full market value (e.g. part-ownership or right to buy), these transactions can be flagged as well. For this reason, we exclude them from our area statistics.
- Internal area
- 131 square metres (1,410 square feet) according to latest EPC inspection
- Price per internal area
-
This property sold for £2,137 per square metre (£199 per square foot) in Mar 2023. Indexed forward to today's value, this is roughly £2,252 per square metre (£209 per square foot) .
Date Paid price Paid £/sqm Today's value Today's value £/sqm Mar 2023 £280,000 £2,137 £294,954 £2,252 Mar 2002 £146,500 £1,118 £428,939 £3,274 Calculated using the latest EPC internal area of 131 m². Earlier sale dates may not have had the same measured area available.
- Valuation
- The most recent sale price indexed forward to today's value is £294,954. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in Wem are now selling for between £2,310 and £3,330 per square metre (£214 and £309 per square foot). Based on an internal area of 131 m², this implies a valuation between £303,000 and £436,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.
- Bedrooms
- 5
- Type
- Detached
- Council tax band
- E
- Plot size
- 1,214 square metres (13,067 square feet) - map showing freehold boundary lines
- Title number
- SL169477
- Tenure
- Freehold
- Title address
- 40 Mill Street, Wem, Shrewsbury
- Owner
-
SABRINA TRADING LIMITED
(Company reference number: 10183949)
Proprietor address: 69 High Street, Wem, Shrewsbury SY4 5DR
Price paid on title: £280,000
Ownership record added to Land Registry's corporate ownership dataset 24 Mar 2023
- Planning ref:
- January 2025 24/03186/FUL
- Type:
- Full and householder planning application
- Status:
- Application approved
- Address:
- Cornerways 40 Mill Street Wem Shrewsbury Shropshire
- Description:
- Proposed dormer bungalow and new vehicular access
- Summary:
- 23 July 2020 - energy performance certificate grade C
- Certificate:
- View energy certificate on GOV.UK
- Reason for EPC:
- marketed sale
- Tenure:
- Owner-occupied
- Property type:
- Detached House , has 8 habitable rooms. Estimated year built 1950 to 1966
- Area:
- 131 sqm (1,410 square foot) total internal area
- Comments:
- Walls: Cavity wall, filled cavity. Roof: Pitched, 200 mm loft insulation. Heating: Boiler and radiators, mains gas.
40 Mill Street is worth whatever price a willing buyer and seller agree upon. However, the following can provide useful context.
- HouseMetric estimates the most recent sale price indexed forward to today's value is £294,954.
- Based on an internal area of 131 m² and recent prices in Wem, this implies a lower and upper quartile range from £303,000 to £436,000, using HouseMetric's implied valuation methodology.
For more detail on HouseMetric data sources, update frequency and valuation methods, see the HouseMetric FAQs.