2, NICKLESS WAY, DAWLEY, TELFORD, TF4 2QZ - £110,000

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 NICKLESS WAY is a very small detached house of 50m², built sometime between 1976 and 1982. It was last sold for £110,000 in June 2016, which was around 52% below the average June 2016 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

2 NICKLESS WAY Sold Prices

Land registry data shows two sales for 2 NICKLESS WAY 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 NICKLESS WAY 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
2016 3 JUN	£110,000	£231,252	52% below HPI
2001 25 MAY	£55,500	£104,627	47% below HPI

2 NICKLESS WAY 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 NICKLESS WAY sales from May 2001 and June 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 May 2001 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the June 2016 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 2 NICKLESS WAY?

2 NICKLESS WAY is 50m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% 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 NICKLESS WAY lies on this distribution: Less than 1% of detached houses are smaller than 2 NICKLESS WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Telford.

2 NICKLESS WAY: Plot and Title Map

2 NICKLESS WAY sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 2 NICKLESS WAY, 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 NICKLESS WAY). 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 NICKLESS WAY?

2 NICKLESS WAY is located in DAWLEY, in the TF4 postcode district. The below map shows the position of No. 2 on NICKLESS WAY.