24, SWANSMEDE WAY, STIRCHLEY, TELFORD, TF3 1QR - £183,000

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

24 SWANSMEDE WAY is a midsized detached house of 113m², built sometime between 1991 and 1995. It was last sold for £183,000 in January 2013, which was around 11% below the average January 2013 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was June 2011, where the current energy rating was E, and the potential energy rating was D.

24 SWANSMEDE WAY Sold Prices

Land registry data shows two sales for 24 SWANSMEDE 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 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
2013 31 JAN	£183,000	£205,288	11% below HPI
2000 25 AUG	£83,500	£95,392	12% below HPI

24 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 two 24 SWANSMEDE WAY sales from August 2000 and January 2013 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 August 2000 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the January 2013 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 24 SWANSMEDE WAY?

24 SWANSMEDE WAY is 113m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 50% 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 SWANSMEDE WAY lies on this distribution: 49% of detached houses are smaller than 24 SWANSMEDE WAY, and 51% of houses are larger. Note that EPC data is not available for all properties in Telford.

24 SWANSMEDE WAY: Plot and Title Map

24 SWANSMEDE WAY sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 24 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 24 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 24 SWANSMEDE WAY?

24 SWANSMEDE WAY is located in STIRCHLEY, in the TF3 postcode district. The below map shows the position of No. 24 on SWANSMEDE WAY.