78, PARK LANE, WOODSIDE, TELFORD, TF7 5GB - £138,000

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

78 PARK LANE is a very small detached house of 86m². It was last sold for £138,000 in July 2015, which was around 39% below the average July 2015 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was C.

78 PARK LANE Sold Prices

Land registry data shows two sales for 78 PARK LANE 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 78 PARK LANE 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 28 JUL	£138,000	£225,865	39% below HPI
2014 10 APR	£135,500	£211,562	36% below HPI

78 PARK LANE 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 78 PARK LANE sales from April 2014 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 April 2014 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 2015 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 78 PARK LANE?

78 PARK LANE is 86m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 20% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 78 PARK LANE lies on this distribution: 16% of detached houses are smaller than 78 PARK LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Telford.

78 PARK LANE: Plot and Title Map

78 PARK LANE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 78 PARK LANE, 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 78 PARK LANE). 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 78 PARK LANE?

78 PARK LANE is located in WOODSIDE, in the TF7 postcode district. The below map shows the position of No. 78 on PARK LANE.