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

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

12 SMITHY WAY is a very small semi-detached house of 77m², built sometime from 2012 onwards. It was last sold for £200,000 in February 2024, which was around 39% below the average February 2024 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 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 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
2024 16 FEB	£200,000	£330,180	39% below HPI
2023 24 NOV	£203,350	£336,868	40% below HPI
2014 17 JAN	£159,995	£205,091	22% below HPI

12 SMITHY 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 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 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the February 2024 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

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 detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 12 SMITHY WAY lies on this distribution: 9% of detached 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.