58, GLOVERS WAY, TELFORD, TF5 0NZ - £239,000

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

58 GLOVERS WAY is a midsized extended detached house of 111m², built sometime between 1991 and 1995. It was last sold for £239,000 in May 2017, which was about the average May 2017 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

58 GLOVERS WAY Sold Prices

Land registry data shows four sales for 58 GLOVERS WAY 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. The four 58 GLOVERS WAY sales were a mix of roughly equal to the average price, and 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
2017 19 MAY	£239,000	£239,054	Close to HPI
2007 14 DEC	£183,000	£230,940	21% below HPI
2005 1 JUL	£174,500	£201,395	13% below HPI
1997 28 FEB	£59,995	£74,629	20% below HPI

58 GLOVERS WAY 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 58 GLOVERS WAY sales between February 1997 and May 2017 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 December 2007 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2017 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 58 GLOVERS WAY?

58 GLOVERS WAY is 111m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 50% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 58 GLOVERS WAY lies on this distribution: 46% of detached houses are smaller than 58 GLOVERS WAY, and 52% of houses are larger. Note that EPC data is not available for all properties in Telford.

58 GLOVERS WAY: Plot and Title Map

58 GLOVERS WAY sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 58 GLOVERS WAY, 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 58 GLOVERS WAY). 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 58 GLOVERS WAY?

58 GLOVERS WAY is located in TELFORD, in the TF5 postcode district. The below map shows the position of No. 58 on GLOVERS WAY.