30, QUARRY LANE, RED LAKE, TELFORD, TF1 5EB - £160,000

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

30 QUARRY LANE is a very small detached house of 72m², built sometime between 1950 and 1966. It was last sold for £160,000 in February 2012, which was around 21% below the average February 2012 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was August 2011, where the current energy rating was E, and the potential energy rating was D.

30 QUARRY LANE Sold Prices

Land registry data shows three sales for 30 QUARRY 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. Two of the three 30 QUARRY LANE sales were for below the average price, whilst one was for above 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
2012 3 FEB	£160,000	£202,504	21% below HPI
1996 9 MAY	£67,000	£72,464	8% below HPI
1995 18 MAY	£73,000	£69,199	5% above HPI

30 QUARRY 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 30 QUARRY LANE sales between May 1995 and February 2012 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 May 1996 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2012 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 30 QUARRY LANE?

30 QUARRY LANE is 72m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 10% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 30 QUARRY LANE lies on this distribution: 7% of detached houses are smaller than 30 QUARRY LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Telford.

30 QUARRY LANE: Plot and Title Map

30 QUARRY LANE sits on a plot of roughly 0.232 of an acre, or 941m². The below map shows the location of 30 QUARRY 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 30 QUARRY 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 30 QUARRY LANE?

30 QUARRY LANE is located in RED LAKE, in the TF1 postcode district. The below map shows the position of No. 30 on QUARRY LANE.