10, QUARRY LANE, RED LAKE, TELFORD, TF1 5EE - £152,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 QUARRY LANE is a large extended semi-detached house of 132m², built sometime before 1900, which could now be worth an estimated £185,245. It was last sold for £152,000 in February 2021, which was around 5% below the average February 2021 semi-detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was July 2010, where the current energy rating was E, and the potential energy rating was E.

10 QUARRY LANE Sold Prices

Land registry data shows four sales for 10 QUARRY LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Telford and Wrekin local authority area for the corresponding sale date. Most of the four 10 QUARRY 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
2021 12 FEB	£152,000	£160,424	5% below HPI
2013 28 MAR	£152,000	£110,049	38% above HPI
2004 8 OCT	£227,500	£112,317	103% above HPI
2001 28 SEP	£139,950	£56,850	146% above HPI

10 QUARRY LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Telford and Wrekin local authority area over time, sourced from the HPI. The four 10 QUARRY LANE sales between September 2001 and February 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 March 2013 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the February 2021 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 10 QUARRY LANE be worth now?

10 QUARRY LANE might now be worth an estimated £185,245.

This is based on house price inflation of 21.9%, between February 2021 and February 2025, for semi-detached houses, in the Telford and Wrekin local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.9% inflationary increase is applied to the most recent sale price for 10 QUARRY LANE of £152,000 on 12th February 2021. For the value to have increased from £152,000 to £185,245 over the four years to February 2025, the following assumptions must hold true:

• The value of 10 QUARRY LANE has moved in line with the HPI for semi-detached houses in the Telford and Wrekin local authority area.
• The February 2021 sale price of £152,000 represented a fair market value for the property.
• The size, condition, and specification of 10 QUARRY LANE has not materially changed since February 2021.

How Large is 10 QUARRY LANE?

10 QUARRY LANE is 132m², which includes two extensions, according to the EPC inspection conducted in July 2010. This puts it in the largest 30% of semi-detached houses houses in Telford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Telford, and where 10 QUARRY LANE lies on this distribution: 73% of semi-detached houses houses are smaller than 10 QUARRY LANE, and 27% of houses are larger. Note that EPC data is not available for all properties in Telford.

10 QUARRY LANE: Plot and Title Map

10 QUARRY LANE sits on a plot of roughly 0.183 of an acre, or 741m². The below map shows the location of 10 QUARRY 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 QUARRY 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 QUARRY LANE?

10 QUARRY LANE is located in RED LAKE, in the TF1 postcode district. The below map shows the position of No. 10 on QUARRY LANE.