12, GAINSBOROUGH WAY, TELFORD, TF5 0PS - £171,000

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

12 GAINSBOROUGH WAY is a small detached house of 105m², built sometime between 1996 and 2002. It was last sold for £171,000 in June 2012, which was around 16% below the average June 2012 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was C.

12 GAINSBOROUGH WAY Sold Prices

Land registry data shows two sales for 12 GAINSBOROUGH WAY 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 12 GAINSBOROUGH WAY 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 6 JUN	£171,000	£202,689	16% below HPI
1998 23 OCT	£69,500	£82,202	15% below HPI

12 GAINSBOROUGH WAY 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 12 GAINSBOROUGH WAY sales from October 1998 and June 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 October 1998 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2012 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 12 GAINSBOROUGH WAY?

12 GAINSBOROUGH WAY is 105m² according to the EPC inspection conducted in December 2011. This puts it in the smallest 40% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 12 GAINSBOROUGH WAY lies on this distribution: 39% of detached houses are smaller than 12 GAINSBOROUGH WAY, and 61% of houses are larger. Note that EPC data is not available for all properties in Telford.

12 GAINSBOROUGH WAY: Plot and Title Map

12 GAINSBOROUGH WAY sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 12 GAINSBOROUGH WAY, 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 12 GAINSBOROUGH WAY). 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 12 GAINSBOROUGH WAY?

12 GAINSBOROUGH WAY is located in TELFORD, in the TF5 postcode district. The below map shows the position of No. 12 on GAINSBOROUGH WAY.