Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
74 HOOP MILL is a large detached house of 124m². It was last sold for £320,000 in May 2024, which was around 8% 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.
Land registry data shows four sales for 74 HOOP MILL since 1st 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. One of the four 74 HOOP MILL 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 |
---|---|---|---|
2024 24 MAY | £320,000 | £349,082 | 8% below HPI |
2019 7 JUN | £265,000 | £253,647 | 4% above HPI |
2017 6 OCT | £250,000 | £249,267 | Close to HPI |
2014 19 SEP | £246,000 | £218,329 | 13% above HPI |
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 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the May 2024 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.
74 HOOP MILL is 124m² according to the EPC inspection conducted in August 2014. This puts it in the largest 40% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 74 HOOP MILL lies on this distribution: 65% of detached 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 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.
74 HOOP MILL is located in HADLEY, in the TF1 postcode district. The below map shows the position of No. 74 on HOOP MILL.