6, BANK ROAD, WELLINGTON, TELFORD, TF1 1SA - £215,000

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

6 BANK ROAD is a midsized detached house of 115m², built sometime from 2012 onwards. It was last sold for £215,000 in February 2022, which was around 32% below the average February 2022 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was July 2024, where the current energy rating was B, and the potential energy rating was B.

6 BANK ROAD Sold Prices

Land registry data shows two sales for 6 BANK ROAD 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 6 BANK 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
2022 7 FEB	£215,000	£318,234	32% below HPI
2020 1 APR	£1,000	£266,453	100% below HPI

6 BANK ROAD 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 6 BANK ROAD sales from April 2020 and February 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 April 2020 sale was for 100% below the HPI. So the extrapolation line tracks at 100% below the HPI over time, until the February 2022 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 6 BANK ROAD?

6 BANK ROAD is 115m² according to the EPC inspection conducted in July 2024. This puts it in the largest 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 6 BANK ROAD lies on this distribution: 53% of detached houses are smaller than 6 BANK ROAD, and 47% of houses are larger. Note that EPC data is not available for all properties in Telford.

6 BANK ROAD: Plot and Title Map

6 BANK ROAD sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 6 BANK 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 6 BANK 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.

Where is 6 BANK ROAD?

6 BANK ROAD is located in WELLINGTON, in the TF1 postcode district. The below map shows the position of No. 6 on BANK ROAD.