1, LOWER WOOD, THE ROCK, TELFORD, TF3 5DN - £300,000

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 LOWER WOOD is a small extended detached house of 100m², built sometime between 1983 and 1990. It was last sold for £300,000 in February 2024, which was around 11% below the average February 2024 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

1 LOWER WOOD Sold Prices

Land registry data shows two sales for 1 LOWER WOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. Both of the two 1 LOWER WOOD sales were 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
2024 26 FEB	£300,000	£338,437	11% below HPI
1997 1 AUG	£62,500	£77,641	20% below HPI

1 LOWER WOOD 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 two 1 LOWER WOOD sales from August 1997 and February 2024 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 August 1997 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2024 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 1 LOWER WOOD?

1 LOWER WOOD is 100m², which includes one extension, according to the EPC inspection conducted in December 2023. This puts it in the smallest 40% 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 LOWER WOOD lies on this distribution: 33% of detached houses are smaller than 1 LOWER WOOD, and 66% of houses are larger. Note that EPC data is not available for all properties in Telford.

1 LOWER WOOD: Plot and Title Map

1 LOWER WOOD sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 1 LOWER WOOD, 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 LOWER WOOD). 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 LOWER WOOD?

1 LOWER WOOD is located in THE ROCK, in the TF3 postcode district. The below map shows the position of No. 1 on LOWER WOOD.