27, HORNET WAY, THE ROCK, TELFORD, TF3 5DY - £285,000

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

27 HORNET WAY is a small extended detached house of 100m², built sometime between 1991 and 1995. It was last sold for £285,000 in May 2023, which was around 18% below the average May 2023 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

27 HORNET WAY Sold Prices

Land registry data shows three sales for 27 HORNET 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 27 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
2023 25 MAY	£285,000	£345,614	18% below HPI
2011 9 AUG	£168,000	£205,993	18% below HPI
2006 6 OCT	£175,000	£218,359	20% below HPI

27 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 three 27 HORNET WAY sales between October 2006 and May 2023 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 2011 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2023 sale, which was also at 18% below the HPI.

How Large is 27 HORNET WAY?

27 HORNET WAY is 100m², which includes one extension, according to the EPC inspection conducted in September 2022. 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 27 HORNET WAY lies on this distribution: 33% of detached houses are smaller than 27 HORNET WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Telford.

27 HORNET WAY: Plot and Title Map

27 HORNET WAY sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 27 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 27 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 27 HORNET WAY?

27 HORNET WAY is located in THE ROCK, in the TF3 postcode district. The below map shows the position of No. 27 on HORNET WAY.