20, REES WAY, LAWLEY VILLAGE, TELFORD, TF4 2GN - £230,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

20 REES WAY is a midsized detached house of 112m². It was last sold for £230,000 in December 2019, which was around 14% below the average December 2019 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

20 REES WAY Sold Prices

Land registry data shows two sales for 20 REES 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. One of the two 20 REES WAY sales was for below the average price, whilst the other was 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
2019 6 DEC	£230,000	£267,083	14% below HPI
2016 29 APR	£243,950	£230,152	6% above HPI

20 REES 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 20 REES WAY sales from April 2016 and December 2019 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 2016 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the December 2019 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 20 REES WAY?

20 REES WAY is 112m² according to the EPC inspection conducted in January 2014. 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 20 REES WAY lies on this distribution: 48% of detached houses are smaller than 20 REES WAY, and 51% of houses are larger. Note that EPC data is not available for all properties in Telford.

20 REES WAY: Plot and Title Map

20 REES WAY sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 20 REES 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 20 REES 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 20 REES WAY?

20 REES WAY is located in LAWLEY VILLAGE, in the TF4 postcode district. The below map shows the position of No. 20 on REES WAY.