28, PARK LANE, HIGH ERCALL, TELFORD, TF6 6AY - £268,000

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 PARK LANE is a large extended detached house of 116m², built sometime between 1950 and 1966. It was last sold for £268,000 in September 2016, which was around 14% above the average September 2016 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

28 PARK LANE Sold Prices

Land registry data shows three sales for 28 PARK LANE 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. One of the three 28 PARK LANE sales was for above the average price, whilst two 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 6 SEP	£268,000	£234,473	14% above HPI
2005 6 SEP	£195,000	£203,277	4% below HPI
1999 10 NOV	£85,000	£87,455	3% below HPI

28 PARK 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 three 28 PARK LANE sales between November 1999 and September 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 September 2005 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2016 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 28 PARK LANE?

28 PARK LANE is 116m², which includes two extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 30% of detached houses in High Ercall, based on EPC data. The below chart shows the distribution of detached houses by size in High Ercall, and where 28 PARK LANE lies on this distribution: 71% of detached houses are smaller than 28 PARK LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in High Ercall.

28 PARK LANE: Plot and Title Map

28 PARK LANE sits on a plot of roughly 0.141 of an acre, or 571m². The below map shows the location of 28 PARK 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 28 PARK 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 28 PARK LANE?

28 PARK LANE is located in HIGH ERCALL, in the TF6 postcode district. The below map shows the position of No. 28 on PARK LANE.