22, CASTLE VIEW, RED LAKE, TELFORD, TF1 5EN - £165,000

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

22 CASTLE VIEW is a small extended detached house of 97m², built sometime between 1950 and 1966. It was last sold for £165,000 in November 2015, which was around 26% below the average November 2015 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was C.

22 CASTLE VIEW Sold Prices

Land registry data shows two sales for 22 CASTLE VIEW 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 22 CASTLE VIEW 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
2015 27 NOV	£165,000	£223,618	26% below HPI
1997 24 MAR	£58,500	£74,619	22% below HPI

22 CASTLE VIEW 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 22 CASTLE VIEW sales from March 1997 and November 2015 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 March 1997 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2015 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 22 CASTLE VIEW?

22 CASTLE VIEW is 97m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 30% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 22 CASTLE VIEW lies on this distribution: 29% of detached houses are smaller than 22 CASTLE VIEW, and 70% of houses are larger. Note that EPC data is not available for all properties in Telford.

22 CASTLE VIEW: Plot and Title Map

22 CASTLE VIEW sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 22 CASTLE VIEW, 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 22 CASTLE VIEW). 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 22 CASTLE VIEW?

22 CASTLE VIEW is located in RED LAKE, in the TF1 postcode district. The below map shows the position of No. 22 on CASTLE VIEW.