7, RYEBANK ROAD, KETLEY BANK, TELFORD, TF2 0EF - £182,250

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

7 RYEBANK ROAD is a midsized extended detached house of 107m², built sometime between 1983 and 1990. It was last sold for £182,250 in July 2015, which was around 19% below the average July 2015 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

7 RYEBANK ROAD Sold Prices

Land registry data shows two sales for 7 RYEBANK 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 7 RYEBANK 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
2015 10 JUL	£182,250	£225,865	19% below HPI
1996 9 FEB	£68,000	£70,682	4% below HPI

7 RYEBANK 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 7 RYEBANK ROAD sales from February 1996 and July 2015 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 1996 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2015 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 7 RYEBANK ROAD?

7 RYEBANK ROAD is 107m², which includes one extension, according to the EPC inspection conducted in November 2014. 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 7 RYEBANK ROAD lies on this distribution: 42% of detached houses are smaller than 7 RYEBANK ROAD, and 57% of houses are larger. Note that EPC data is not available for all properties in Telford.

7 RYEBANK ROAD: Plot and Title Map

7 RYEBANK ROAD sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 7 RYEBANK 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 7 RYEBANK 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 7 RYEBANK ROAD?

7 RYEBANK ROAD is located in KETLEY BANK, in the TF2 postcode district. The below map shows the position of No. 7 on RYEBANK ROAD.