15, LOWER WOOD, THE ROCK, TELFORD, TF3 5DN - £174,000

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

15 LOWER WOOD is a very small detached house of 78m², built sometime between 1976 and 1982. It was last sold for £174,000 in March 2016, which was around 23% below the average March 2016 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was December 2009, where the current energy rating was D, and the potential energy rating was C.

15 LOWER WOOD Sold Prices

Land registry data shows three sales for 15 LOWER WOOD 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 15 LOWER WOOD 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
2016 30 MAR	£174,000	£227,062	23% below HPI
2004 29 OCT	£147,950	£201,765	27% below HPI
1998 18 DEC	£56,500	£81,162	30% below HPI

15 LOWER WOOD 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 15 LOWER WOOD sales between December 1998 and March 2016 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 October 2004 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2016 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 15 LOWER WOOD?

15 LOWER WOOD is 78m² according to the EPC inspection conducted in December 2009. 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 15 LOWER WOOD lies on this distribution: 10% of detached houses are smaller than 15 LOWER WOOD, and 90% of houses are larger. Note that EPC data is not available for all properties in Telford.

15 LOWER WOOD: Plot and Title Map

15 LOWER WOOD sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 15 LOWER WOOD, 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 LOWER WOOD). 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 15 LOWER WOOD?

15 LOWER WOOD is located in THE ROCK, in the TF3 postcode district. The below map shows the position of No. 15 on LOWER WOOD.