1, SHOP LANE, HIGH ERCALL, TELFORD, TF6 6AG - £184,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 SHOP LANE is a small extended detached house of 83m², built sometime between 1967 and 1975. It was last sold for £184,500 in November 2005, which was around 8% below the average November 2005 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

1 SHOP LANE Sold Prices

Land registry data shows two sales for 1 SHOP LANE 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 SHOP LANE 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
2005 7 NOV	£184,500	£201,184	8% below HPI
2004 30 APR	£143,000	£181,240	21% below HPI

1 SHOP LANE 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 SHOP LANE sales from April 2004 and November 2005 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 April 2004 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the November 2005 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 1 SHOP LANE?

1 SHOP LANE is 83m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 30% of detached houses in High Ercall, based on EPC data. The below chart shows the distribution of detached houses by size in High Ercall, and where 1 SHOP LANE lies on this distribution: 20% of detached houses are smaller than 1 SHOP LANE, and 78% of houses are larger. Note that EPC data is not available for all properties in High Ercall.

1 SHOP LANE: Plot and Title Map

1 SHOP LANE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 1 SHOP LANE, 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 SHOP LANE). 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 SHOP LANE?

1 SHOP LANE is located in HIGH ERCALL, in the TF6 postcode district. The below map shows the position of No. 1 on SHOP LANE.