4, NEWCOMEN WAY, TELFORD, TF7 5UB - £155,000

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 NEWCOMEN WAY is a large detached house of 123m², built sometime between 1991 and 1995. It was last sold for £155,000 in December 2009, which was around 26% below the average December 2009 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was D.

4 NEWCOMEN WAY Sold Prices

Land registry data shows two sales for 4 NEWCOMEN 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 4 NEWCOMEN 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
2009 22 DEC	£155,000	£208,202	26% below HPI
2004 5 MAY	£155,000	£181,633	15% below HPI

4 NEWCOMEN 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 4 NEWCOMEN WAY sales from May 2004 and December 2009 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 2004 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2009 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 4 NEWCOMEN WAY?

4 NEWCOMEN WAY is 123m² according to the EPC inspection conducted in March 2009. This puts it in the largest 40% 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 NEWCOMEN WAY lies on this distribution: 64% of detached houses are smaller than 4 NEWCOMEN WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Telford.

4 NEWCOMEN WAY: Plot and Title Map

4 NEWCOMEN WAY sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 4 NEWCOMEN 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 NEWCOMEN 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 NEWCOMEN WAY?

4 NEWCOMEN WAY is located in TELFORD, in the TF7 postcode district. The below map shows the position of No. 4 on NEWCOMEN WAY.