40, HIGHGROVE MEADOWS, PRIORSLEE, TELFORD, TF2 9RJ - £410,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

40 HIGHGROVE MEADOWS is a very large extended detached house of 173m², built sometime between 1991 and 1995. It was last sold for £410,000 in January 2023, which was around 19% above the average January 2023 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was December 2015, where the current energy rating was E, and the potential energy rating was B.

40 HIGHGROVE MEADOWS Sold Prices

Land registry data shows four sales for 40 HIGHGROVE MEADOWS since 1^st 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 40 HIGHGROVE MEADOWS 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
2023 4 JAN	£410,000	£343,538	19% above HPI
2020 14 OCT	£350,000	£277,745	26% above HPI
1999 7 MAY	£136,000	£84,417	61% above HPI
1997 27 JUN	£133,950	£74,981	79% above HPI

40 HIGHGROVE MEADOWS 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 four 40 HIGHGROVE MEADOWS sales between June 1997 and January 2023 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 2020 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the January 2023 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 40 HIGHGROVE MEADOWS?

40 HIGHGROVE MEADOWS is 173m², which includes two extensions, according to the EPC inspection conducted in December 2015. 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 40 HIGHGROVE MEADOWS lies on this distribution: 92% of detached houses are smaller than 40 HIGHGROVE MEADOWS, and 8% of houses are larger. Note that EPC data is not available for all properties in Telford.

40 HIGHGROVE MEADOWS: Plot and Title Map

40 HIGHGROVE MEADOWS sits on a plot of roughly 0.131 of an acre, or 532m². The below map shows the location of 40 HIGHGROVE MEADOWS, 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 40 HIGHGROVE MEADOWS). 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 40 HIGHGROVE MEADOWS?

40 HIGHGROVE MEADOWS is located in PRIORSLEE, in the TF2 postcode district. The below map shows the position of No. 40 on HIGHGROVE MEADOWS.