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
15 ARROW ROAD is a very small detached house of 61m², built sometime between 1976 and 1982. It was last sold for £130,000 in February 2014, which was around 37% below the average February 2014 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was October 2011, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows two sales for 15 ARROW ROAD since 1st 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 15 ARROW 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 |
---|---|---|---|
2014 26 FEB | £130,000 | £205,956 | 37% below HPI |
1997 7 FEB | £58,000 | £74,629 | 22% 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 two 15 ARROW ROAD sales from February 1997 and February 2014 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 February 1997 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2014 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.
15 ARROW ROAD is 61m² according to the EPC inspection conducted in October 2011. 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 15 ARROW ROAD lies on this distribution: 2% of detached houses are smaller than 15 ARROW ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Telford.
15 ARROW ROAD sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 15 ARROW 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 15 ARROW 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.
15 ARROW ROAD is located in TELFORD, in the TF5 postcode district. The below map shows the position of No. 15 on ARROW ROAD.