12, LOWER WOOD, THE ROCK, TELFORD, TF3 5DN - £275,000

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 LOWER WOOD is a small extended detached house of 100m², built sometime between 1983 and 1990. It was last sold for £275,000 in February 2022, which was around 14% below the average February 2022 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was C.

12 LOWER WOOD Sold Prices

Land registry data shows two sales for 12 LOWER WOOD 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 LOWER WOOD 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
2022 2 FEB	£275,000	£318,234	14% below HPI
2008 4 APR	£199,500	£232,731	14% below HPI

12 LOWER WOOD 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 LOWER WOOD sales from April 2008 and February 2022 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 2008 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the February 2022 sale, which was also at 14% below the HPI.

How Large is 12 LOWER WOOD?

12 LOWER WOOD is 100m², which includes one extension, according to the EPC inspection conducted in April 2021. 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 LOWER WOOD lies on this distribution: 33% of detached houses are smaller than 12 LOWER WOOD, and 66% of houses are larger. Note that EPC data is not available for all properties in Telford.

12 LOWER WOOD: Plot and Title Map

12 LOWER WOOD sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 12 LOWER WOOD, 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 LOWER WOOD). 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 LOWER WOOD?

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