2, LIGHT LANE, TELFORD, TF3 5GT - £123,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 LIGHT LANE is a very small detached house of 50m², built sometime from 2012 onwards, which could now be worth an estimated £173,958. It was last sold for £123,500 in May 2018, which was around 49% below the average May 2018 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was November 2024, where the current energy rating was C, and the potential energy rating was A.

2 LIGHT LANE Sold Prices

Land registry data shows two sales for 2 LIGHT LANE 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 LIGHT LANE 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
2018 31 MAY	£123,500	£243,989	49% below HPI
2014 27 JUN	£117,000	£210,799	44% below HPI

2 LIGHT LANE 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 LIGHT LANE sales from June 2014 and May 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 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the May 2018 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 2 LIGHT LANE be worth now?

2 LIGHT LANE might now be worth an estimated £173,958.

This is based on house price inflation of 40.9%, between May 2018 and December 2024, 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 40.9% inflationary increase is applied to the most recent sale price for 2 LIGHT LANE of £123,500 on 31st May 2018. For the value to have increased from £123,500 to £173,958 over the five years and five months to December 2024, the following assumptions must hold true:

• The value of 2 LIGHT LANE has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The May 2018 sale price of £123,500 represented a fair market value for the property.
• The size, condition, and specification of 2 LIGHT LANE has not materially changed since May 2018.

How Large is 2 LIGHT LANE?

2 LIGHT LANE is 50m² according to the EPC inspection conducted in November 2024. This puts it in the smallest 10% 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 LIGHT LANE lies on this distribution: Less than 1% of detached houses houses are smaller than 2 LIGHT LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Telford.

2 LIGHT LANE: Plot and Title Map

2 LIGHT LANE sits on a plot of roughly 0.020 of an acre, or 80m². The below map shows the location of 2 LIGHT 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 2 LIGHT 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.

Where is 2 LIGHT LANE?

2 LIGHT LANE is located in TELFORD, in the TF3 postcode district. The below map shows the position of No. 2 on LIGHT LANE.