1, FAIRBURN ROAD, TELFORD, TF3 2NJ - £274,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 FAIRBURN ROAD is a very large detached house of 143m², built sometime between 1991 and 1995. It was last sold for £274,000 in June 2017, which was around 16% above the average June 2017 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

1 FAIRBURN ROAD Sold Prices

Land registry data shows three sales for 1 FAIRBURN ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. Two of the three 1 FAIRBURN ROAD sales were for above the average price, whilst one was 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
2017 28 JUN	£274,000	£237,026	16% above HPI
2014 27 JUN	£212,000	£213,635	1% below HPI
2008 16 JUN	£255,000	£234,444	9% above HPI

1 FAIRBURN ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Telford and Wrekin local authority area over time, sourced from the HPI. The three 1 FAIRBURN ROAD sales between June 2008 and June 2017 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 June 2014 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2017 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 1 FAIRBURN ROAD?

1 FAIRBURN ROAD is 143m² according to the EPC inspection conducted in March 2014. This puts it in the largest 20% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 1 FAIRBURN ROAD lies on this distribution: 81% of detached houses are smaller than 1 FAIRBURN ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Telford.

1 FAIRBURN ROAD: Plot and Title Map

1 FAIRBURN ROAD sits on a plot of roughly 0.146 of an acre, or 591m². The below map shows the location of 1 FAIRBURN ROAD, 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 1 FAIRBURN ROAD). 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 1 FAIRBURN ROAD?

1 FAIRBURN ROAD is located in TELFORD, in the TF3 postcode district. The below map shows the position of No. 1 on FAIRBURN ROAD.