23, SWANSMEDE WAY, STIRCHLEY, TELFORD, TF3 1QR - £175,000

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

23 SWANSMEDE WAY is a small detached house of 103m², built sometime between 1991 and 1995. It was last sold for £175,000 in July 2010, which was around 17% below the average July 2010 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

23 SWANSMEDE WAY Sold Prices

Land registry data shows three sales for 23 SWANSMEDE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the three 23 SWANSMEDE 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
2010 28 JUL	£175,000	£210,376	17% below HPI
2000 1 DEC	£88,500	£98,996	11% below HPI
1996 29 NOV	£65,000	£73,850	12% below HPI

23 SWANSMEDE 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 three 23 SWANSMEDE WAY sales between November 1996 and July 2010 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 December 2000 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2010 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 23 SWANSMEDE WAY?

23 SWANSMEDE WAY is 103m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 40% 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 SWANSMEDE WAY lies on this distribution: 38% of detached houses are smaller than 23 SWANSMEDE WAY, and 62% of houses are larger. Note that EPC data is not available for all properties in Telford.

23 SWANSMEDE WAY: Plot and Title Map

23 SWANSMEDE WAY sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 23 SWANSMEDE 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 23 SWANSMEDE 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 23 SWANSMEDE WAY?

23 SWANSMEDE WAY is located in STIRCHLEY, in the TF3 postcode district. The below map shows the position of No. 23 on SWANSMEDE WAY.