18, FAIRBURN ROAD, TELFORD, TF3 2NJ - £222,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

18 FAIRBURN ROAD is a large extended detached house of 126m², built sometime between 1983 and 1990. It was last sold for £222,000 in August 2017, which was around 9% below the average August 2017 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was April 2017, where the current energy rating was E, and the potential energy rating was C.

18 FAIRBURN ROAD Sold Prices

Land registry data shows four sales for 18 FAIRBURN ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the four 18 FAIRBURN 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
2017 2 AUG	£222,000	£243,793	9% below HPI
2017 30 JUN	£225,000	£237,026	5% below HPI
2007 12 JUL	£194,500	£225,478	14% below HPI
2002 5 JUL	£124,000	£133,114	7% below HPI

18 FAIRBURN ROAD 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 four 18 FAIRBURN ROAD sales between July 2002 and August 2017 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 2017 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2017 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 18 FAIRBURN ROAD?

18 FAIRBURN ROAD is 126m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the largest 40% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 18 FAIRBURN ROAD lies on this distribution: 67% of detached houses are smaller than 18 FAIRBURN ROAD, and 32% of houses are larger. Note that EPC data is not available for all properties in Telford.

18 FAIRBURN ROAD: Plot and Title Map

18 FAIRBURN ROAD sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 18 FAIRBURN 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 18 FAIRBURN 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.

Where is 18 FAIRBURN ROAD?

18 FAIRBURN ROAD is located in TELFORD, in the TF3 postcode district. The below map shows the position of No. 18 on FAIRBURN ROAD.