21, BRIDLE ROAD, MADELEY, TELFORD, TF7 5HB - £325,000

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

21 BRIDLE ROAD is a very small detached house of 73m², built in 2023. It was last sold for £325,000 in May 2021, which was around 11% above the average May 2021 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was March 2023, where the current energy rating was B, and the potential energy rating was A.

21 BRIDLE ROAD Sold Prices

Land registry data shows two sales for 21 BRIDLE ROAD 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 21 BRIDLE ROAD sales was for above the average price, whilst the other was 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
2021 20 MAY	£325,000	£293,370	11% above HPI
2001 4 MAY	£95,000	£104,627	9% below HPI

21 BRIDLE ROAD 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 21 BRIDLE ROAD sales from May 2001 and May 2021 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 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2021 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 21 BRIDLE ROAD?

21 BRIDLE ROAD is 73m² according to the EPC inspection conducted in March 2023. 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 21 BRIDLE ROAD lies on this distribution: 7% of detached houses are smaller than 21 BRIDLE ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Telford.

21 BRIDLE ROAD: Plot and Title Map

21 BRIDLE ROAD sits on a plot of roughly 0.513 of an acre, or 2,077m². The below map shows the location of 21 BRIDLE ROAD, 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 21 BRIDLE ROAD). 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 21 BRIDLE ROAD?

21 BRIDLE ROAD is located in MADELEY, in the TF7 postcode district. The below map shows the position of No. 21 on BRIDLE ROAD.