12, NEW ROAD, IRONBRIDGE, TELFORD, TF8 7AU - £318,500

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 NEW ROAD is a midsized extended detached house of 106m², built sometime before 1900. It was last sold for £318,500 in July 2023, which was around 8% below the average July 2023 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

12 NEW ROAD Sold Prices

Land registry data shows three sales for 12 NEW ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the three 12 NEW 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
2023 31 JUL	£318,500	£346,683	8% below HPI
2007 30 JAN	£215,000	£217,506	1% below HPI
2002 15 NOV	£135,000	£148,816	9% below HPI

12 NEW ROAD 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 three 12 NEW ROAD sales between November 2002 and July 2023 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 January 2007 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2023 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 12 NEW ROAD?

12 NEW ROAD is 106m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 50% 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 NEW ROAD lies on this distribution: 40% of detached houses are smaller than 12 NEW ROAD, and 59% of houses are larger. Note that EPC data is not available for all properties in Telford.

12 NEW ROAD: Plot and Title Map

12 NEW ROAD sits on a plot of roughly 0.012 of an acre, or 50m². The below map shows the location of 12 NEW 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 12 NEW 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.

Where is 12 NEW ROAD?

12 NEW ROAD is located in IRONBRIDGE, in the TF8 postcode district. The below map shows the position of No. 12 on NEW ROAD.