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
17 SCHOOL LANE is a very large extended detached house of 171m², built sometime between 1983 and 1990. It was last sold for £370,000 in April 2018, which was around 49% above the average April 2018 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was January 2018, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows three sales for 17 SCHOOL LANE 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 17 SCHOOL LANE sales were 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 |
---|---|---|---|
2018 25 APR | £370,000 | £248,028 | 49% above HPI |
2014 16 JUN | £304,000 | £213,635 | 42% above HPI |
2005 14 JUL | £220,000 | £201,395 | 9% 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 17 SCHOOL LANE sales between July 2005 and April 2018 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 2014 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the April 2018 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.
17 SCHOOL LANE is 171m², which includes two extensions, according to the EPC inspection conducted in January 2018. This puts it in the largest 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 17 SCHOOL LANE lies on this distribution: 92% of detached houses are smaller than 17 SCHOOL LANE, and 8% of houses are larger. Note that EPC data is not available for all properties in Telford.
17 SCHOOL LANE sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of 17 SCHOOL LANE, 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 17 SCHOOL LANE). 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.
17 SCHOOL LANE is located in TELFORD, in the TF1 postcode district. The below map shows the position of No. 17 on SCHOOL LANE.