4, GAINSBOROUGH WAY, TELFORD, TF5 0PS - £191,000

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

4 GAINSBOROUGH WAY is a large detached house of 137m², built sometime between 1991 and 1995. It was last sold for £191,000 in December 2005, which was around 6% below the average December 2005 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

4 GAINSBOROUGH WAY Sold Prices

Land registry data shows three sales for 4 GAINSBOROUGH WAY 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. One of the three 4 GAINSBOROUGH WAY sales was for below the average price, whilst two 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
2005 16 DEC	£191,000	£203,250	6% below HPI
2001 18 MAY	£115,000	£104,627	10% above HPI
1998 21 AUG	£99,000	£82,302	20% above HPI

4 GAINSBOROUGH 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 three 4 GAINSBOROUGH WAY sales between August 1998 and December 2005 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 May 2001 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the December 2005 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 4 GAINSBOROUGH WAY?

4 GAINSBOROUGH WAY is 137m² according to the EPC inspection conducted in June 2015. 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 4 GAINSBOROUGH WAY lies on this distribution: 77% of detached houses are smaller than 4 GAINSBOROUGH WAY, and 23% of houses are larger. Note that EPC data is not available for all properties in Telford.

4 GAINSBOROUGH WAY: Plot and Title Map

4 GAINSBOROUGH WAY sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 4 GAINSBOROUGH 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 4 GAINSBOROUGH 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 4 GAINSBOROUGH WAY?

4 GAINSBOROUGH WAY is located in TELFORD, in the TF5 postcode district. The below map shows the position of No. 4 on GAINSBOROUGH WAY.