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 ROWALLAN WAY is a very large extended detached house of 227m², built sometime between 1983 and 1990. It was last sold for £625,000 in October 2021, which was around 105% above the average October 2021 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 4 ROWALLAN WAY since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the four 4 ROWALLAN WAY sales 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 |
---|---|---|---|
2021 4 OCT | £625,000 | £305,353 | 105% above HPI |
2002 3 MAY | £189,995 | £126,005 | 51% above HPI |
2001 29 JUN | £165,000 | £105,356 | 57% above HPI |
1999 29 OCT | £130,000 | £87,964 | 48% above HPI |
The below graph shows the average detached house price in the Telford and Wrekin local authority area over time, sourced from the HPI. The four 4 ROWALLAN WAY sales between October 1999 and October 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 May 2002 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the October 2021 sale, where it rises to 105% above the HPI. The line then continues to track at 105% above the HPI.
4 ROWALLAN WAY is 227m², which includes three extensions, according to the EPC inspection conducted in June 2021. This puts it in the largest 10% 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 ROWALLAN WAY lies on this distribution: 98% of detached houses are smaller than 4 ROWALLAN WAY, and 2% of houses are larger. Note that EPC data is not available for all properties in Telford.
4 ROWALLAN WAY sits on a plot of roughly 0.217 of an acre, or 876m². The below map shows the location of 4 ROWALLAN 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 ROWALLAN 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.
4 ROWALLAN WAY is located in PRIORSLEE, in the TF2 postcode district. The below map shows the position of No. 4 on ROWALLAN WAY.