19, BANK ROAD, WELLINGTON, TELFORD, TF1 1SA - £108,000

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

19 BANK ROAD is a midsized extended detached house of 107m², built sometime between 1930 and 1949. It was last sold for £108,000 in November 2008, which was around 50% below the average November 2008 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was B.

19 BANK ROAD Sold Prices

Land registry data shows three sales for 19 BANK ROAD 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 19 BANK 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
2008 17 NOV	£108,000	£216,349	50% below HPI
2008 25 JAN	£135,000	£232,881	42% below HPI
2000 27 JAN	£64,000	£87,253	27% below HPI

19 BANK 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 three 19 BANK ROAD sales between January 2000 and November 2008 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 January 2008 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the November 2008 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 19 BANK ROAD?

19 BANK ROAD is 107m², which includes two extensions, according to the EPC inspection conducted in November 2015. This puts it in the smallest 50% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 19 BANK ROAD lies on this distribution: 42% of detached houses are smaller than 19 BANK ROAD, and 57% of houses are larger. Note that EPC data is not available for all properties in Telford.

19 BANK ROAD: Plot and Title Map

19 BANK ROAD sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 19 BANK 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 19 BANK 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 19 BANK ROAD?

19 BANK ROAD is located in WELLINGTON, in the TF1 postcode district. The below map shows the position of No. 19 on BANK ROAD.