10, FARM LANE, HORSEHAY, TELFORD, TF4 2NE - £380,000

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

10 FARM LANE is a very large detached house of 175m², built sometime between 1996 and 2002. It was last sold for £380,000 in October 2020, which was around 37% above the average October 2020 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

10 FARM LANE Sold Prices

Land registry data shows three sales for 10 FARM LANE 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. All of the three 10 FARM LANE sales were for above 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
2020 30 OCT	£380,000	£277,745	37% above HPI
2003 19 DEC	£249,500	£171,870	45% above HPI
2000 31 MAY	£190,000	£93,551	103% above HPI

10 FARM 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 three 10 FARM LANE sales between May 2000 and October 2020 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 December 2003 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the October 2020 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 10 FARM LANE?

10 FARM LANE is 175m² according to the EPC inspection conducted in May 2019. This puts it in the largest 10% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 10 FARM LANE lies on this distribution: 92% of detached houses are smaller than 10 FARM LANE, and 8% of houses are larger. Note that EPC data is not available for all properties in Telford.

10 FARM LANE: Plot and Title Map

10 FARM LANE sits on a plot of roughly 0.137 of an acre, or 555m². The below map shows the location of 10 FARM 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 10 FARM 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 10 FARM LANE?

10 FARM LANE is located in HORSEHAY, in the TF4 postcode district. The below map shows the position of No. 10 on FARM LANE.