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 PEARCES PATCH is a small detached house of 96m². It was last sold for £310,000 in October 2023, which was around 9% below the average October 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 B, and the potential energy rating was A.
Land registry data shows two sales for 6 PEARCES PATCH 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 6 PEARCES PATCH 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 23 OCT | £310,000 | £340,864 | 9% below HPI |
2020 20 FEB | £254,995 | £264,843 | 4% 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 6 PEARCES PATCH sales from February 2020 and October 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 February 2020 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2023 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.
6 PEARCES PATCH is 96m² 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 6 PEARCES PATCH lies on this distribution: 28% of detached houses are smaller than 6 PEARCES PATCH, and 71% of houses are larger. Note that EPC data is not available for all properties in Telford.
6 PEARCES PATCH sits on a plot of roughly 48.1 acres, or 194,624m². The below map shows the location of 6 PEARCES PATCH, 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 PEARCES PATCH). 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.
6 PEARCES PATCH is located in WELLINGTON, in the TF1 postcode district. The below map shows the position of No. 6 on PEARCES PATCH.