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
5 MAYFAIR GROVE is a very large detached house of 148m², built sometime between 1996 and 2002. It was last sold for £315,000 in October 2016, which was around 33% above the average October 2016 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 5 MAYFAIR GROVE 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 5 MAYFAIR GROVE 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 |
---|---|---|---|
2016 10 OCT | £315,000 | £236,575 | 33% above HPI |
1998 12 JUN | £122,950 | £79,722 | 54% above 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 5 MAYFAIR GROVE sales from June 1998 and October 2016 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 June 1998 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the October 2016 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.
5 MAYFAIR GROVE is 148m² according to the EPC inspection conducted in April 2014. This puts it in the largest 20% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 5 MAYFAIR GROVE lies on this distribution: 84% of detached houses are smaller than 5 MAYFAIR GROVE, and 16% of houses are larger. Note that EPC data is not available for all properties in Telford.
5 MAYFAIR GROVE sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 5 MAYFAIR GROVE, 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 5 MAYFAIR GROVE). 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.
5 MAYFAIR GROVE is located in PRIORSLEE, in the TF2 postcode district. The below map shows the position of No. 5 on MAYFAIR GROVE.