3, BAKERS LOCK, HADLEY, TELFORD, TF1 5TE - £265,000

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

3 BAKERS LOCK is a small detached house of 92m², built sometime from 2012 onwards. It was last sold for £265,000 in March 2024, which was around 22% below the average March 2024 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

3 BAKERS LOCK Sold Prices

Land registry data shows two sales for 3 BAKERS LOCK 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 3 BAKERS LOCK 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 22 MAR	£265,000	£339,451	22% below HPI
2012 24 FEB	£178,995	£202,504	12% below HPI

3 BAKERS LOCK 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 3 BAKERS LOCK sales from February 2012 and March 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 2012 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2024 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 3 BAKERS LOCK?

3 BAKERS LOCK is 92m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 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 3 BAKERS LOCK lies on this distribution: 23% of detached houses are smaller than 3 BAKERS LOCK, and 76% of houses are larger. Note that EPC data is not available for all properties in Telford.

3 BAKERS LOCK: Plot and Title Map

3 BAKERS LOCK sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 3 BAKERS LOCK, 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 3 BAKERS LOCK). 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 3 BAKERS LOCK?

3 BAKERS LOCK is located in HADLEY, in the TF1 postcode district. The below map shows the position of No. 3 on BAKERS LOCK.