3, WELL CROFT, LAWLEY VILLAGE, TELFORD, TF4 2FH - £295,000

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 WELL CROFT is a midsized detached house of 115m², built sometime between 2007 and 2011. It was last sold for £295,000 in August 2024, which was around 19% below the average August 2024 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

3 WELL CROFT Sold Prices

Land registry data shows three sales for 3 WELL CROFT 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. The three 3 WELL CROFT sales were a mix of below the average price, and roughly equal to 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 2 AUG	£295,000	£364,586	19% below HPI
2017 27 SEP	£230,000	£247,337	7% below HPI
2010 20 DEC	£215,000	£215,202	Close to HPI

3 WELL CROFT 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 WELL CROFT sales between December 2010 and August 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 September 2017 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2024 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 3 WELL CROFT?

3 WELL CROFT is 115m² according to the EPC inspection conducted in February 2023. 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 3 WELL CROFT lies on this distribution: 53% of detached houses are smaller than 3 WELL CROFT, and 47% of houses are larger. Note that EPC data is not available for all properties in Telford.

3 WELL CROFT: Plot and Title Map

3 WELL CROFT sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 3 WELL CROFT, 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 WELL CROFT). 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 WELL CROFT?

3 WELL CROFT is located in LAWLEY VILLAGE, in the TF4 postcode district. The below map shows the position of No. 3 on WELL CROFT.