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
16 CASTLE ACRE ROAD is a small extended detached house of 91m², built sometime between 1996 and 2002. It was last sold for £290,000 in September 2023, which was around 15% below the average September 2023 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 16 CASTLE ACRE ROAD 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. Two of the three 16 CASTLE ACRE ROAD sales were for below the average price, whilst one was for above 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 |
---|---|---|---|
2023 15 SEP | £290,000 | £341,074 | 15% below HPI |
2006 27 JUN | £185,000 | £207,591 | 11% below HPI |
1998 25 SEP | £85,150 | £82,209 | 4% above 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 16 CASTLE ACRE ROAD sales between September 1998 and September 2023 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 June 2006 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2023 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.
16 CASTLE ACRE ROAD is 91m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the smallest 30% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 16 CASTLE ACRE ROAD lies on this distribution: 21% of detached houses are smaller than 16 CASTLE ACRE ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Telford.
16 CASTLE ACRE ROAD sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 16 CASTLE ACRE 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 16 CASTLE ACRE 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.
16 CASTLE ACRE ROAD is located in LEEGOMERY, in the TF1 postcode district. The below map shows the position of No. 16 on CASTLE ACRE ROAD.