28, WEAVERS RISE, KETLEY BANK, TELFORD, TF2 0EX - £315,000

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

28 WEAVERS RISE is a small extended detached house of 104m², built sometime between 1991 and 1995. It was last sold for £315,000 in June 2024, which was around 11% below the average June 2024 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.

28 WEAVERS RISE Sold Prices

Land registry data shows four sales for 28 WEAVERS RISE 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. All of the four 28 WEAVERS RISE 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
2024 13 JUN	£315,000	£355,157	11% below HPI
2016 19 FEB	£195,000	£228,736	15% below HPI
2007 28 SEP	£188,000	£233,237	19% below HPI
2002 1 FEB	£114,000	£116,973	3% below HPI

28 WEAVERS RISE 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 28 WEAVERS RISE sales between February 2002 and June 2024 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 February 2016 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2024 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 28 WEAVERS RISE?

28 WEAVERS RISE is 104m², which includes one extension, according to the EPC inspection conducted in November 2023. 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 28 WEAVERS RISE lies on this distribution: 38% of detached houses are smaller than 28 WEAVERS RISE, and 61% of houses are larger. Note that EPC data is not available for all properties in Telford.

28 WEAVERS RISE: Plot and Title Map

28 WEAVERS RISE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 28 WEAVERS RISE, 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 WEAVERS RISE). 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 WEAVERS RISE?

28 WEAVERS RISE is located in KETLEY BANK, in the TF2 postcode district. The below map shows the position of No. 28 on WEAVERS RISE.