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 CHERRY GROVE is a very small detached house of 83m², built sometime between 1976 and 1982. It was last sold for £140,000 in March 2012, which was around 31% below the average March 2012 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows four sales for 11 CHERRY GROVE 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 CHERRY GROVE 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 |
---|---|---|---|
2012 1 MAR | £140,000 | £203,410 | 31% below HPI |
2005 8 APR | £153,000 | £195,532 | 22% below HPI |
2000 16 JUN | £72,950 | £93,418 | 22% below HPI |
1999 27 AUG | £66,500 | £86,977 | 24% 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 CHERRY GROVE sales between August 1999 and March 2012 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 2005 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2012 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.
11 CHERRY GROVE is 83m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 20% 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 CHERRY GROVE lies on this distribution: 14% of detached houses are smaller than 11 CHERRY GROVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Telford.
11 CHERRY GROVE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 11 CHERRY GROVE, 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 CHERRY GROVE). 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 CHERRY GROVE is located in THE ROCK, in the TF3 postcode district. The below map shows the position of No. 11 on CHERRY GROVE.