2, BURROUGHS BANK, LIGHTMOOR, TELFORD, TF4 3QS - £280,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 BURROUGHS BANK is a very small detached house of 88m², built sometime before 1900, which could now be worth an estimated £382,465. It was last sold for £280,000 in October 2017, which was around 14% above the average October 2017 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was B.

2 BURROUGHS BANK Sold Prices

Land registry data shows three sales for 2 BURROUGHS BANK 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 2 BURROUGHS BANK 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
2017 27 OCT	£280,000	£245,959	14% above HPI
2004 2 APR	£190,000	£178,835	6% above HPI
2000 22 MAY	£122,500	£92,309	33% above HPI

2 BURROUGHS BANK 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 2 BURROUGHS BANK sales between May 2000 and October 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 April 2004 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the October 2017 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 2 BURROUGHS BANK be worth now?

2 BURROUGHS BANK might now be worth an estimated £382,465.

This is based on house price inflation of 36.6%, between October 2017 and February 2025, for detached houses, in the Telford and Wrekin local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.6% inflationary increase is applied to the most recent sale price for 2 BURROUGHS BANK of £280,000 on 27th October 2017. For the value to have increased from £280,000 to £382,465 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 BURROUGHS BANK has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The October 2017 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BURROUGHS BANK has not materially changed since October 2017.

How Large is 2 BURROUGHS BANK?

2 BURROUGHS BANK is 88m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 20% of detached houses houses in Telford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Telford, and where 2 BURROUGHS BANK lies on this distribution: 18% of detached houses houses are smaller than 2 BURROUGHS BANK, and 80% of houses are larger. Note that EPC data is not available for all properties in Telford.

2 BURROUGHS BANK: Plot and Title Map

2 BURROUGHS BANK sits on a plot of roughly 0.212 of an acre, or 856m². The below map shows the location of 2 BURROUGHS BANK, 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 2 BURROUGHS BANK). 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 2 BURROUGHS BANK?

2 BURROUGHS BANK is located in LIGHTMOOR, in the TF4 postcode district. The below map shows the position of No. 2 on BURROUGHS BANK.