38, PEPPER MILL, LAWLEY VILLAGE, TELFORD, TF4 2FB - £205,000

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

38 PEPPER MILL is a midsized detached house of 115m², built sometime from 2007 onwards. It was last sold for £205,000 in May 2019, which was around 21% below the average May 2019 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

38 PEPPER MILL Sold Prices

Land registry data shows two sales for 38 PEPPER MILL 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 38 PEPPER MILL 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
2019 24 MAY	£205,000	£258,039	21% below HPI
2009 21 JUL	£200,000	£202,954	1% below HPI

38 PEPPER MILL 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 38 PEPPER MILL sales from July 2009 and May 2019 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 July 2009 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 2019 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 38 PEPPER MILL?

38 PEPPER MILL is 115m² according to the EPC inspection conducted in October 2016. 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 38 PEPPER MILL lies on this distribution: 53% of detached houses are smaller than 38 PEPPER MILL, and 46% of houses are larger. Note that EPC data is not available for all properties in Telford.

38 PEPPER MILL: Plot and Title Map

38 PEPPER MILL sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 38 PEPPER MILL, 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 38 PEPPER MILL). 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 38 PEPPER MILL?

38 PEPPER MILL is located in LAWLEY VILLAGE, in the TF4 postcode district. The below map shows the position of No. 38 on PEPPER MILL.