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 SWIFT GATE is a very small detached house of 68m², built sometime between 1983 and 1990. It was last sold for £93,000 in February 2004, which was around 48% below the average February 2004 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 4 SWIFT GATE since 1st 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. All of the three 4 SWIFT GATE 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 |
---|---|---|---|
2004 27 FEB | £93,000 | £177,154 | 48% below HPI |
1998 16 OCT | £40,500 | £82,202 | 51% below HPI |
1997 18 APR | £39,500 | £73,198 | 46% below 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 three 4 SWIFT GATE sales between April 1997 and February 2004 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 October 1998 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the February 2004 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.
4 SWIFT GATE is 68m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 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 SWIFT GATE lies on this distribution: 5% of detached houses are smaller than 4 SWIFT GATE, and 95% of houses are larger. Note that EPC data is not available for all properties in Telford.
4 SWIFT GATE sits on a plot of roughly 0.023 of an acre, or 95m². The below map shows the location of 4 SWIFT GATE, 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 SWIFT GATE). 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 SWIFT GATE is located in TELFORD, in the TF1 postcode district. The below map shows the position of No. 4 on SWIFT GATE.