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
11 ARROW ROAD is a very small detached house of 75m², built sometime between 1983 and 1990. It was last sold for £185,000 in September 2020, which was around 33% below the average September 2020 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 11 ARROW ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the four 11 ARROW 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 |
---|---|---|---|
2020 2 SEP | £185,000 | £274,550 | 33% below HPI |
2015 29 OCT | £153,000 | £222,023 | 31% below HPI |
2005 30 SEP | £147,500 | £203,277 | 27% below HPI |
2003 12 DEC | £115,000 | £171,870 | 33% below HPI |
The below graph shows the average detached house price in the Telford and Wrekin local authority area over time, sourced from the HPI. The four 11 ARROW ROAD sales between December 2003 and September 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 October 2015 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2020 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.
11 ARROW ROAD is 75m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 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 11 ARROW ROAD lies on this distribution: 8% of detached houses are smaller than 11 ARROW ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Telford.
11 ARROW ROAD sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 11 ARROW 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 11 ARROW 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.
11 ARROW ROAD is located in TELFORD, in the TF5 postcode district. The below map shows the position of No. 11 on ARROW ROAD.