62, BENNETTS BANK, WELLINGTON, TELFORD, TF1 2NR - £147,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

62 BENNETTS BANK is a very large extended semi-detached house of 155m², built sometime between 1950 and 1966, which could now be worth an estimated £160,092. It was last sold for £147,500 in February 2022, which was around 18% below the average February 2022 semi-detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was October 2020, where the current energy rating was E, and the potential energy rating was C.

62 BENNETTS BANK Sold Prices

Land registry data shows three sales for 62 BENNETTS BANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Telford and Wrekin local authority area for the corresponding sale date. One of the three 62 BENNETTS BANK sales was for below the average price, whilst two 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
2022 4 FEB	£147,500	£180,134	18% below HPI
2002 4 SEP	£81,000	£73,496	10% above HPI
1999 3 SEP	£48,000	£45,429	6% above HPI

62 BENNETTS BANK Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Telford and Wrekin local authority area over time, sourced from the HPI. The three 62 BENNETTS BANK sales between September 1999 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 September 2002 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the February 2022 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 62 BENNETTS BANK be worth now?

62 BENNETTS BANK might now be worth an estimated £160,092.

This is based on house price inflation of 8.5%, between February 2022 and February 2025, for semi-detached houses, in the Telford and Wrekin local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.5% inflationary increase is applied to the most recent sale price for 62 BENNETTS BANK of £147,500 on 4th February 2022. For the value to have increased from £147,500 to £160,092 over the three years to February 2025, the following assumptions must hold true:

• The value of 62 BENNETTS BANK has moved in line with the HPI for semi-detached houses in the Telford and Wrekin local authority area.
• The February 2022 sale price of £147,500 represented a fair market value for the property.
• The size, condition, and specification of 62 BENNETTS BANK has not materially changed since February 2022.

How Large is 62 BENNETTS BANK?

62 BENNETTS BANK is 155m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the largest 20% of semi-detached houses houses in Telford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Telford, and where 62 BENNETTS BANK lies on this distribution: 86% of semi-detached houses houses are smaller than 62 BENNETTS BANK, and 13% of houses are larger. Note that EPC data is not available for all properties in Telford.

62 BENNETTS BANK: Plot and Title Map

62 BENNETTS BANK sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 62 BENNETTS BANK, 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 62 BENNETTS BANK). 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 62 BENNETTS BANK?

62 BENNETTS BANK is located in WELLINGTON, in the TF1 postcode district. The below map shows the position of No. 62 on BENNETTS BANK.