12, HORNET WAY, THE ROCK, TELFORD, TF3 5DY - £199,500

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

12 HORNET WAY is a large extended detached house of 125m², built sometime between 1991 and 1995. It was last sold for £199,500 in November 2007, which was around 14% below the average November 2007 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was C.

12 HORNET WAY Sold Prices

Land registry data shows four sales for 12 HORNET WAY since 1^st 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 12 HORNET 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
2007 16 NOV	£199,500	£231,002	14% below HPI
2006 25 AUG	£195,000	£211,326	8% below HPI
1997 3 OCT	£66,950	£79,018	15% below HPI
1996 18 OCT	£64,500	£74,832	14% below HPI

12 HORNET 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 four 12 HORNET WAY sales between October 1996 and November 2007 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 August 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2007 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 12 HORNET WAY?

12 HORNET WAY is 125m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the largest 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 HORNET WAY lies on this distribution: 66% of detached houses are smaller than 12 HORNET WAY, and 33% of houses are larger. Note that EPC data is not available for all properties in Telford.

12 HORNET WAY: Plot and Title Map

12 HORNET WAY sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 12 HORNET 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 HORNET 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 HORNET WAY?

12 HORNET WAY is located in THE ROCK, in the TF3 postcode district. The below map shows the position of No. 12 on HORNET WAY.