74, HOOP MILL, HADLEY, TELFORD, TF1 5TB - £320,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

74 HOOP MILL is a large detached house of 124m², which could now be worth an estimated £328,090. It was last sold for £320,000 in May 2024, which was around 5% below the average May 2024 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was August 2014, where the current energy rating was B, and the potential energy rating was B.

74 HOOP MILL Sold Prices

Land registry data shows four sales for 74 HOOP MILL since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. Most of the four 74 HOOP MILL 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
2024 24 MAY	£320,000	£335,200	5% below HPI
2019 7 JUN	£265,000	£250,281	6% above HPI
2017 6 OCT	£250,000	£245,959	2% above HPI
2014 19 SEP	£246,000	£215,431	14% above HPI

74 HOOP MILL 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 four 74 HOOP MILL sales between September 2014 and May 2024 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 June 2019 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the May 2024 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 74 HOOP MILL be worth now?

74 HOOP MILL might now be worth an estimated £328,090.

This is based on house price inflation of 2.5%, between May 2024 and December 2024, 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 2.5% inflationary increase is applied to the most recent sale price for 74 HOOP MILL of £320,000 on 24th May 2024. For the value to have increased from £320,000 to £328,090 over the five months to December 2024, the following assumptions must hold true:

• The value of 74 HOOP MILL has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The May 2024 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 74 HOOP MILL has not materially changed since May 2024.

How Large is 74 HOOP MILL?

74 HOOP MILL is 124m² according to the EPC inspection conducted in August 2014. This puts it in the largest 40% 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 74 HOOP MILL lies on this distribution: 65% of detached houses houses are smaller than 74 HOOP MILL, and 34% of houses are larger. Note that EPC data is not available for all properties in Telford.

74 HOOP MILL: Plot and Title Map

74 HOOP MILL sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 74 HOOP MILL, 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 74 HOOP MILL). 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 74 HOOP MILL?

74 HOOP MILL is located in HADLEY, in the TF1 postcode district. The below map shows the position of No. 74 on HOOP MILL.