1, NEW MEADOW ROAD, LIGHTMOOR VILLAGE, TELFORD, TF4 3FD - £224,950

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 NEW MEADOW ROAD is a midsized detached house of 117m². It was last sold for £224,950 in July 2021, which was around 24% below the average July 2021 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was August 2017, where the current energy rating was B, and the potential energy rating was A.

1 NEW MEADOW ROAD Sold Prices

Land registry data shows two sales for 1 NEW MEADOW ROAD 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 NEW MEADOW ROAD 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
2021 9 JUL	£224,950	£296,072	24% below HPI
2017 25 AUG	£206,995	£243,793	15% below HPI

1 NEW MEADOW 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 two 1 NEW MEADOW ROAD sales from August 2017 and July 2021 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 2017 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2021 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 1 NEW MEADOW ROAD?

1 NEW MEADOW ROAD is 117m² according to the EPC inspection conducted in August 2017. This puts it in the largest 50% 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 NEW MEADOW ROAD lies on this distribution: 55% of detached houses are smaller than 1 NEW MEADOW ROAD, and 43% of houses are larger. Note that EPC data is not available for all properties in Telford.

1 NEW MEADOW ROAD: Plot and Title Map

1 NEW MEADOW ROAD sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 1 NEW MEADOW 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 NEW MEADOW 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 NEW MEADOW ROAD?

1 NEW MEADOW ROAD is located in LIGHTMOOR VILLAGE, in the TF4 postcode district. The below map shows the position of No. 1 on NEW MEADOW ROAD.