71, BOWER YARD, IRONBRIDGE, TELFORD, TF8 7AZ - £460,000

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.

71 BOWER YARD is a very large detached house of 173m², built sometime between 1950 and 1966, which could now be worth an estimated £563,911. It was last sold for £460,000 in October 2020, which was around 68% above the average October 2020 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was C.

71 BOWER YARD Sold Prices

Land registry data shows two sales for 71 BOWER YARD 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 71 BOWER YARD sales 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
2020 6 OCT	£460,000	£274,059	68% above HPI
1999 30 JUL	£160,000	£84,620	89% above HPI

71 BOWER YARD 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 71 BOWER YARD sales from July 1999 and October 2020 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 July 1999 sale was for 89% above the HPI. So the extrapolation line tracks at 89% above the HPI over time, until the October 2020 sale, where it falls to 68% above the HPI. The line then continues to track at 68% above the HPI.

What might 71 BOWER YARD be worth now?

71 BOWER YARD might now be worth an estimated £563,911.

This is based on house price inflation of 22.6%, between October 2020 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 22.6% inflationary increase is applied to the most recent sale price for 71 BOWER YARD of £460,000 on 6th October 2020. For the value to have increased from £460,000 to £563,911 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 71 BOWER YARD has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The October 2020 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of 71 BOWER YARD has not materially changed since October 2020.

How Large is 71 BOWER YARD?

71 BOWER YARD is 173m² according to the EPC inspection conducted in November 2015. This puts it in the largest 10% 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 71 BOWER YARD lies on this distribution: 92% of detached houses houses are smaller than 71 BOWER YARD, and 8% of houses are larger. Note that EPC data is not available for all properties in Telford.

71 BOWER YARD: Plot and Title Map

71 BOWER YARD sits on a plot of roughly 0.580 of an acre, or 2,347m². The below map shows the location of 71 BOWER YARD, 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 71 BOWER YARD). 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 71 BOWER YARD?

71 BOWER YARD is located in IRONBRIDGE, in the TF8 postcode district. The below map shows the position of No. 71 on BOWER YARD.