2, GRAVEL LEASOWES, LIGHTMOOR, TELFORD, TF4 3QL - £300,000

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

2 GRAVEL LEASOWES is a large extended detached house of 122m², built sometime before 1900. It was last sold for £300,000 in August 2016, which was around 29% above the average August 2016 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was April 2016, where the current energy rating was F, and the potential energy rating was D.

2 GRAVEL LEASOWES Sold Prices

Land registry data shows two sales for 2 GRAVEL LEASOWES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. Both of the two 2 GRAVEL LEASOWES 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
2016 24 AUG	£300,000	£233,142	29% above HPI
2000 7 JAN	£119,995	£87,253	38% above HPI

2 GRAVEL LEASOWES 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 two 2 GRAVEL LEASOWES sales from January 2000 and August 2016 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 2000 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the August 2016 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 2 GRAVEL LEASOWES?

2 GRAVEL LEASOWES is 122m², which includes three extensions, according to the EPC inspection conducted in April 2016. 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 2 GRAVEL LEASOWES lies on this distribution: 62% of detached houses are smaller than 2 GRAVEL LEASOWES, and 37% of houses are larger. Note that EPC data is not available for all properties in Telford.

2 GRAVEL LEASOWES: Plot and Title Map

2 GRAVEL LEASOWES sits on a plot of roughly 0.186 of an acre, or 752m². The below map shows the location of 2 GRAVEL LEASOWES, 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 GRAVEL LEASOWES). 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 GRAVEL LEASOWES?

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