12, SMITHY WAY, LAWLEY VILLAGE, TELFORD, TF4 2GE - £200,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 SMITHY WAY is a very small semi-detached house of 77m², built sometime from 2012 onwards, which could now be worth an estimated £204,595. It was last sold for £200,000 in February 2024, which was around 5% above the average February 2024 semi-detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

12 SMITHY WAY Sold Prices

Land registry data shows three sales for 12 SMITHY WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the three 12 SMITHY WAY sales were for above 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
2024 16 FEB	£200,000	£191,121	5% above HPI
2023 24 NOV	£203,350	£194,246	5% above HPI
2014 17 JAN	£159,995	£115,422	39% above HPI

12 SMITHY WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Telford and Wrekin local authority area over time, sourced from the HPI. The three 12 SMITHY WAY sales between January 2014 and February 2024 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 November 2023 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the February 2024 sale, which was also at 5% above the HPI.

What might 12 SMITHY WAY be worth now?

12 SMITHY WAY might now be worth an estimated £204,595.

This is based on house price inflation of 2.3%, between February 2024 and February 2025, for semi-detached houses, in the Telford and Wrekin local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.3% inflationary increase is applied to the most recent sale price for 12 SMITHY WAY of £200,000 on 16th February 2024. For the value to have increased from £200,000 to £204,595 over the one year to February 2025, the following assumptions must hold true:

• The value of 12 SMITHY WAY has moved in line with the HPI for semi-detached houses in the Telford and Wrekin local authority area.
• The February 2024 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SMITHY WAY has not materially changed since February 2024.

How Large is 12 SMITHY WAY?

12 SMITHY WAY is 77m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 10% of semi-detached houses houses in Telford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Telford, and where 12 SMITHY WAY lies on this distribution: 9% of semi-detached houses houses are smaller than 12 SMITHY WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Telford.

12 SMITHY WAY: Plot and Title Map

12 SMITHY WAY sits on a plot of roughly 0.037 of an acre, or 149m². The below map shows the location of 12 SMITHY 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 SMITHY 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 SMITHY WAY?

12 SMITHY WAY is located in LAWLEY VILLAGE, in the TF4 postcode district. The below map shows the position of No. 12 on SMITHY WAY.