42, LOWER WOOD, THE ROCK, TELFORD, TF3 5DN - £210,000

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

42 LOWER WOOD is a very small extended detached house of 70m², built sometime between 1983 and 1990. It was last sold for £210,000 in December 2019, which was around 21% below the average December 2019 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

42 LOWER WOOD Sold Prices

Land registry data shows two sales for 42 LOWER WOOD 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 42 LOWER WOOD 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
2019 13 DEC	£210,000	£267,083	21% below HPI
1996 26 JUL	£52,500	£72,596	28% below HPI

42 LOWER WOOD 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 42 LOWER WOOD sales from July 1996 and December 2019 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 July 1996 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2019 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 42 LOWER WOOD?

42 LOWER WOOD is 70m², which includes one extension, according to the EPC inspection conducted in June 2019. 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 42 LOWER WOOD lies on this distribution: 6% of detached houses are smaller than 42 LOWER WOOD, and 94% of houses are larger. Note that EPC data is not available for all properties in Telford.

42 LOWER WOOD: Plot and Title Map

42 LOWER WOOD sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 42 LOWER WOOD, 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 42 LOWER WOOD). 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 42 LOWER WOOD?

42 LOWER WOOD is located in THE ROCK, in the TF3 postcode district. The below map shows the position of No. 42 on LOWER WOOD.