24, HORNET WAY, THE ROCK, TELFORD, TF3 5DY - £185,000

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

24 HORNET WAY is a very small detached house of 79m², built sometime between 1991 and 1995. It was last sold for £185,000 in August 2018, which was around 28% below the average August 2018 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was D.

24 HORNET WAY Sold Prices

Land registry data shows two sales for 24 HORNET 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. Both of the two 24 HORNET 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
2018 24 AUG	£185,000	£257,857	28% below HPI
2016 27 JUL	£168,000	£231,064	27% below HPI

24 HORNET 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 24 HORNET WAY sales from July 2016 and August 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 July 2016 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2018 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 24 HORNET WAY?

24 HORNET WAY is 79m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 20% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 24 HORNET WAY lies on this distribution: 11% of detached houses are smaller than 24 HORNET WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Telford.

24 HORNET WAY: Plot and Title Map

24 HORNET WAY sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 24 HORNET 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 24 HORNET 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 24 HORNET WAY?

24 HORNET WAY is located in THE ROCK, in the TF3 postcode district. The below map shows the position of No. 24 on HORNET WAY.