3, MARQUIS TERRACE, KETLEY BANK, TELFORD, TF2 0BP - £251,000

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 MARQUIS TERRACE is a small extended detached house of 94m², built sometime between 1930 and 1949. It was last sold for £251,000 in May 2022, which was around 22% below the average May 2022 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

3 MARQUIS TERRACE Sold Prices

Land registry data shows three sales for 3 MARQUIS TERRACE 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 3 MARQUIS TERRACE 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
2022 30 MAY	£251,000	£322,011	22% below HPI
2002 11 JAN	£85,000	£116,850	27% below HPI
1999 10 DEC	£60,000	£88,161	32% below HPI

3 MARQUIS TERRACE 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 3 MARQUIS TERRACE sales between December 1999 and May 2022 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 January 2002 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2022 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 3 MARQUIS TERRACE?

3 MARQUIS TERRACE is 94m², which includes three extensions, according to the EPC inspection conducted in February 2022. 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 MARQUIS TERRACE lies on this distribution: 25% of detached houses are smaller than 3 MARQUIS TERRACE, and 74% of houses are larger. Note that EPC data is not available for all properties in Telford.

3 MARQUIS TERRACE: Plot and Title Map

3 MARQUIS TERRACE sits on a plot of roughly 0.156 of an acre, or 630m². The below map shows the location of 3 MARQUIS TERRACE, 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 MARQUIS TERRACE). 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 MARQUIS TERRACE?

3 MARQUIS TERRACE is located in KETLEY BANK, in the TF2 postcode district. The below map shows the position of No. 3 on MARQUIS TERRACE.