28, OAKS WAY, KETLEY, TELFORD, TF1 5FQ - £204,000

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

28 OAKS WAY is a midsized detached house of 114m². It was last sold for £204,000 in November 2016, which was around 14% below the average November 2016 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

28 OAKS WAY Sold Prices

Land registry data shows two sales for 28 OAKS 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 28 OAKS 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
2016 4 NOV	£204,000	£237,327	14% below HPI
2015 15 MAY	£195,000	£220,254	11% below HPI

28 OAKS 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 28 OAKS WAY sales from May 2015 and November 2016 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 May 2015 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2016 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 28 OAKS WAY?

28 OAKS WAY is 114m² according to the EPC inspection conducted in March 2015. This puts it in the largest 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 28 OAKS WAY lies on this distribution: 51% of detached houses are smaller than 28 OAKS WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Telford.

28 OAKS WAY: Plot and Title Map

28 OAKS WAY sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 28 OAKS 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 28 OAKS 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 28 OAKS WAY?

28 OAKS WAY is located in KETLEY, in the TF1 postcode district. The below map shows the position of No. 28 on OAKS WAY.