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
14 PEVERIL BANK is a very small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £240,000 in October 2022, which was around 31% below the average October 2022 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 14 PEVERIL BANK since 1st 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 14 PEVERIL BANK 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 28 OCT | £240,000 | £346,543 | 31% below HPI |
2013 30 MAY | £138,000 | £202,338 | 32% below HPI |
2003 22 JAN | £109,000 | £152,917 | 29% below HPI |
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 14 PEVERIL BANK sales between January 2003 and October 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 May 2013 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2022 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.
14 PEVERIL BANK is 83m² according to the EPC inspection conducted in March 2013. 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 14 PEVERIL BANK lies on this distribution: 14% of detached houses are smaller than 14 PEVERIL BANK, and 86% of houses are larger. Note that EPC data is not available for all properties in Telford.
14 PEVERIL BANK sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 14 PEVERIL BANK, 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 14 PEVERIL BANK). 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.
14 PEVERIL BANK is located in DAWLEY BANK, in the TF4 postcode district. The below map shows the position of No. 14 on PEVERIL BANK.