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
48 ABBEY FIELDS is a very small detached house of 76m², built sometime between 1983 and 1990. It was last sold for £235,000 in May 2022, which was around 27% below the average May 2022 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 48 ABBEY FIELDS 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 48 ABBEY FIELDS 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 |
---|---|---|---|
2022 3 MAY | £235,000 | £322,011 | 27% below HPI |
1995 29 SEP | £52,000 | £69,605 | 25% 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 48 ABBEY FIELDS sales from September 1995 and May 2022 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 September 1995 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2022 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.
48 ABBEY FIELDS is 76m² according to the EPC inspection conducted in March 2022. 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 48 ABBEY FIELDS lies on this distribution: 9% of detached houses are smaller than 48 ABBEY FIELDS, and 91% of houses are larger. Note that EPC data is not available for all properties in Telford.
48 ABBEY FIELDS sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 48 ABBEY FIELDS, 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 48 ABBEY FIELDS). 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.
48 ABBEY FIELDS is located in TELFORD, in the TF3 postcode district. The below map shows the position of No. 48 on ABBEY FIELDS.