23, RIVEN ROAD, HADLEY, TELFORD, TF1 5LL - £143,500

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

23 RIVEN ROAD is a very small detached house of 75m², built sometime between 2003 and 2006. It was last sold for £143,500 in April 2018, which was around 42% below the average April 2018 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

23 RIVEN ROAD Sold Prices

Land registry data shows four sales for 23 RIVEN ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the four 23 RIVEN ROAD 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 3 APR	£143,500	£248,028	42% below HPI
2013 11 OCT	£124,950	£211,146	41% below HPI
2008 30 JUL	£145,000	£227,980	36% below HPI
2006 7 APR	£150,950	£206,831	27% below HPI

23 RIVEN 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 four 23 RIVEN ROAD sales between April 2006 and April 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 October 2013 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the April 2018 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 23 RIVEN ROAD?

23 RIVEN ROAD is 75m² according to the EPC inspection conducted in June 2013. 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 23 RIVEN ROAD lies on this distribution: 8% of detached houses are smaller than 23 RIVEN ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Telford.

23 RIVEN ROAD: Plot and Title Map

23 RIVEN ROAD sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 23 RIVEN 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 23 RIVEN 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 23 RIVEN ROAD?

23 RIVEN ROAD is located in HADLEY, in the TF1 postcode district. The below map shows the position of No. 23 on RIVEN ROAD.