37, QUARRY LANE, RED LAKE, TELFORD, TF1 5EB - £274,950

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

37 QUARRY LANE is a large extended detached house of 130m², built sometime before 1900. It was last sold for £274,950 in November 2015, which was around 23% above the average November 2015 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was C.

37 QUARRY LANE Sold Prices

Land registry data shows three sales for 37 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 37 QUARRY LANE sales were for above the average price, whilst one was 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
2015 13 NOV	£274,950	£223,618	23% above HPI
2004 29 OCT	£215,000	£201,765	7% above HPI
1998 27 FEB	£59,000	£78,186	25% below HPI

37 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 37 QUARRY LANE sales between February 1998 and November 2015 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 October 2004 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the November 2015 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 37 QUARRY LANE?

37 QUARRY LANE is 130m², which includes two extensions, according to the EPC inspection conducted in April 2013. This puts it in the largest 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 37 QUARRY LANE lies on this distribution: 71% of detached houses are smaller than 37 QUARRY LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in Telford.

37 QUARRY LANE: Plot and Title Map

37 QUARRY LANE sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of 37 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 37 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 37 QUARRY LANE?

37 QUARRY LANE is located in RED LAKE, in the TF1 postcode district. The below map shows the position of No. 37 on QUARRY LANE.