26, QUARRY LANE, RED LAKE, TELFORD, TF1 5EB - £450,000

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

26 QUARRY LANE is a large extended detached house of 138m², built sometime between 1950 and 1966. It was last sold for £450,000 in November 2021, which was around 45% above the average November 2021 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

26 QUARRY LANE Sold Prices

Land registry data shows four sales for 26 QUARRY LANE 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. two of the four 26 QUARRY LANE sales were for above the average price, and four 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
2021 12 NOV	£450,000	£310,567	45% above HPI
2013 24 SEP	£285,000	£211,972	34% above HPI
2009 26 MAR	£130,000	£207,305	37% below HPI
1998 12 FEB	£59,900	£78,186	23% below HPI

26 QUARRY LANE 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 26 QUARRY LANE sales between February 1998 and November 2021 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 September 2013 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the November 2021 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 26 QUARRY LANE?

26 QUARRY LANE is 138m², which includes two extensions, according to the EPC inspection conducted in July 2021. This puts it in the largest 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 26 QUARRY LANE lies on this distribution: 77% of detached houses are smaller than 26 QUARRY LANE, and 22% of houses are larger. Note that EPC data is not available for all properties in Telford.

26 QUARRY LANE: Plot and Title Map

26 QUARRY LANE sits on a plot of roughly 0.144 of an acre, or 583m². The below map shows the location of 26 QUARRY LANE, 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 26 QUARRY LANE). 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 26 QUARRY LANE?

26 QUARRY LANE is located in RED LAKE, in the TF1 postcode district. The below map shows the position of No. 26 on QUARRY LANE.