8, BENNETT ROAD, MADELEY, TELFORD, TF7 4BN - £131,000

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

8 BENNETT ROAD is a small extended detached house of 93m², built sometime between 1950 and 1966. It was last sold for £131,000 in August 2012, which was around 37% below the average August 2012 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was D.

8 BENNETT ROAD Sold Prices

Land registry data shows three sales for 8 BENNETT ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the three 8 BENNETT ROAD 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
2012 6 AUG	£131,000	£206,936	37% below HPI
2003 7 APR	£135,000	£159,023	15% below HPI
1998 4 DEC	£61,500	£81,162	24% below HPI

8 BENNETT ROAD 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 three 8 BENNETT ROAD sales between December 1998 and August 2012 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 2003 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2012 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 8 BENNETT ROAD?

8 BENNETT ROAD is 93m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the smallest 30% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 8 BENNETT ROAD lies on this distribution: 25% of detached houses are smaller than 8 BENNETT ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Telford.

8 BENNETT ROAD: Plot and Title Map

8 BENNETT ROAD sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of 8 BENNETT ROAD, 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 8 BENNETT ROAD). 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 8 BENNETT ROAD?

8 BENNETT ROAD is located in MADELEY, in the TF7 postcode district. The below map shows the position of No. 8 on BENNETT ROAD.