36, BANK WAY, KETLEY BANK, TELFORD, TF2 0EQ - £163,500

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

36 BANK WAY is a very small extended detached house of 69m², built sometime between 1983 and 1990. It was last sold for £163,500 in April 2016, which was around 29% below the average April 2016 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was C.

36 BANK WAY Sold Prices

Land registry data shows four sales for 36 BANK WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the four 36 BANK WAY 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
2016 29 APR	£163,500	£230,152	29% below HPI
2004 19 MAR	£137,000	£180,731	24% below HPI
2002 18 OCT	£115,000	£147,014	22% below HPI
1996 29 FEB	£54,750	£70,682	23% below HPI

36 BANK WAY 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 four 36 BANK WAY sales between February 1996 and April 2016 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 March 2004 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the April 2016 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 36 BANK WAY?

36 BANK WAY is 69m², which includes one extension, according to the EPC inspection conducted in August 2015. 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 36 BANK WAY lies on this distribution: 6% of detached houses are smaller than 36 BANK WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Telford.

36 BANK WAY: Plot and Title Map

36 BANK WAY sits on a plot of roughly 0.062 of an acre, or 253m². The below map shows the location of 36 BANK WAY, 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 36 BANK WAY). 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 36 BANK WAY?

36 BANK WAY is located in KETLEY BANK, in the TF2 postcode district. The below map shows the position of No. 36 on BANK WAY.