31, BUILDWAS ROAD, IRONBRIDGE, TELFORD, TF8 7BJ - £417,000

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

31 BUILDWAS ROAD is a small extended detached house of 102m², built sometime before 1900. It was last sold for £417,000 in December 2021, which was around 33% above the average December 2021 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was A.

31 BUILDWAS ROAD Sold Prices

Land registry data shows two sales for 31 BUILDWAS ROAD 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 31 BUILDWAS ROAD sales were 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
2021 10 DEC	£417,000	£313,150	33% above HPI
2017 4 DEC	£290,000	£247,722	17% above HPI

31 BUILDWAS ROAD 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 31 BUILDWAS ROAD sales from December 2017 and December 2021 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 December 2017 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the December 2021 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 31 BUILDWAS ROAD?

31 BUILDWAS ROAD is 102m², which includes one extension, according to the EPC inspection conducted in April 2016. 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 31 BUILDWAS ROAD lies on this distribution: 36% of detached houses are smaller than 31 BUILDWAS ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Telford.

31 BUILDWAS ROAD: Plot and Title Map

31 BUILDWAS ROAD sits on a plot of roughly 0.148 of an acre, or 599m². The below map shows the location of 31 BUILDWAS ROAD, 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 31 BUILDWAS ROAD). 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 31 BUILDWAS ROAD?

31 BUILDWAS ROAD is located in IRONBRIDGE, in the TF8 postcode district. The below map shows the position of No. 31 on BUILDWAS ROAD.