7, WEAVERS RISE, KETLEY BANK, TELFORD, TF2 0EX - £177,500

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.

7 WEAVERS RISE is a midsized extended detached house of 107m², built sometime between 1991 and 1995, which could now be worth an estimated £270,266. It was last sold for £177,500 in November 2015, which was around 20% below the average November 2015 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

7 WEAVERS RISE Sold Prices

Land registry data shows two sales for 7 WEAVERS RISE 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 WEAVERS RISE 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 2 NOV	£177,500	£220,650	20% below HPI
1997 14 MAR	£65,000	£73,629	12% below HPI

7 WEAVERS RISE 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 WEAVERS RISE sales from March 1997 and November 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 March 1997 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2015 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 7 WEAVERS RISE be worth now?

7 WEAVERS RISE might now be worth an estimated £270,266.

This is based on house price inflation of 52.3%, between November 2015 and February 2025, for 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 52.3% inflationary increase is applied to the most recent sale price for 7 WEAVERS RISE of £177,500 on 2nd November 2015. For the value to have increased from £177,500 to £270,266 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 7 WEAVERS RISE has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The November 2015 sale price of £177,500 represented a fair market value for the property.
• The size, condition, and specification of 7 WEAVERS RISE has not materially changed since November 2015.

How Large is 7 WEAVERS RISE?

7 WEAVERS RISE is 107m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 50% of detached houses houses in Telford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Telford, and where 7 WEAVERS RISE lies on this distribution: 42% of detached houses houses are smaller than 7 WEAVERS RISE, and 57% of houses are larger. Note that EPC data is not available for all properties in Telford.

7 WEAVERS RISE: Plot and Title Map

7 WEAVERS RISE sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 7 WEAVERS RISE, 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 WEAVERS RISE). 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 WEAVERS RISE?

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