127, OAKFIELD ROAD, TELFORD, TF5 0NG - £200,000

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

127 OAKFIELD ROAD is a very small extended detached house of 86m², built sometime between 1996 and 2002. It was last sold for £200,000 in December 2020, which was around 29% below the average December 2020 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

127 OAKFIELD ROAD Sold Prices

Land registry data shows two sales for 127 OAKFIELD ROAD 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 127 OAKFIELD 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
2020 14 DEC	£200,000	£280,621	29% below HPI
2007 31 AUG	£179,000	£228,170	22% below HPI

127 OAKFIELD 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 two 127 OAKFIELD ROAD sales from August 2007 and December 2020 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 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2020 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 127 OAKFIELD ROAD?

127 OAKFIELD ROAD is 86m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 127 OAKFIELD ROAD lies on this distribution: 16% of detached houses are smaller than 127 OAKFIELD ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Telford.

127 OAKFIELD ROAD: Plot and Title Map

127 OAKFIELD ROAD sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 127 OAKFIELD 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 127 OAKFIELD 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 127 OAKFIELD ROAD?

127 OAKFIELD ROAD is located in TELFORD, in the TF5 postcode district. The below map shows the position of No. 127 on OAKFIELD ROAD.