39, REES WAY, LAWLEY VILLAGE, TELFORD, TF4 2GN - £226,500

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

39 REES WAY is a very small semi-detached house of 89m². It was last sold for £226,500 in August 2021, which was around 23% below the average August 2021 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

39 REES WAY Sold Prices

Land registry data shows two sales for 39 REES WAY 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 39 REES 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
2021 27 AUG	£226,500	£293,493	23% below HPI
2016 26 FEB	£189,950	£225,701	16% below HPI

39 REES 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 two 39 REES WAY sales from February 2016 and August 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 February 2016 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 39 REES WAY?

39 REES WAY is 89m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 20% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 39 REES WAY lies on this distribution: 20% of detached houses are smaller than 39 REES WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Telford.

39 REES WAY: Plot and Title Map

39 REES WAY sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 39 REES 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 39 REES 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 39 REES WAY?

39 REES WAY is located in LAWLEY VILLAGE, in the TF4 postcode district. The below map shows the position of No. 39 on REES WAY.