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
47 REDLANDS ROAD is a small detached house of 91m², built sometime between 2003 and 2006. It was last sold for £253,000 in June 2023, which was around 27% below the average June 2023 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 47 REDLANDS ROAD since 1st 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 47 REDLANDS ROAD 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 |
---|---|---|---|
2023 16 JUN | £253,000 | £346,641 | 27% below HPI |
2020 20 MAR | £200,000 | £269,365 | 26% 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 two 47 REDLANDS ROAD sales from March 2020 and June 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 March 2020 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.
47 REDLANDS ROAD is 91m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 30% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 47 REDLANDS ROAD lies on this distribution: 21% of detached houses are smaller than 47 REDLANDS ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Telford.
47 REDLANDS ROAD sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 47 REDLANDS ROAD, 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 47 REDLANDS ROAD). 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.
47 REDLANDS ROAD is located in HADLEY, in the TF1 postcode district. The below map shows the position of No. 47 on REDLANDS ROAD.