8, CHAPEL ROAD, IRONBRIDGE, TELFORD, TF8 7QX - £335,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 CHAPEL ROAD is a very small detached house of 81m², built sometime before 1900. It was last sold for £335,000 in July 2022, which was around 1% above the average July 2022 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was May 2021, where the current energy rating was E, and the potential energy rating was B.

8 CHAPEL ROAD Sold Prices

Land registry data shows four sales for 8 CHAPEL ROAD 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 8 CHAPEL ROAD 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
2022 25 JUL	£335,000	£330,530	1% above HPI
2017 18 DEC	£290,000	£247,722	17% above HPI
2003 31 MAR	£175,000	£156,523	12% above HPI
1996 29 FEB	£54,500	£70,682	23% below HPI

8 CHAPEL 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 four 8 CHAPEL ROAD sales between February 1996 and July 2022 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 December 2017 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the July 2022 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 8 CHAPEL ROAD?

8 CHAPEL ROAD is 81m² according to the EPC inspection conducted in May 2021. 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 8 CHAPEL ROAD lies on this distribution: 12% of detached houses are smaller than 8 CHAPEL ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Telford.

8 CHAPEL ROAD: Plot and Title Map

8 CHAPEL ROAD sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 8 CHAPEL 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 CHAPEL 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 CHAPEL ROAD?

8 CHAPEL ROAD is located in IRONBRIDGE, in the TF8 postcode district. The below map shows the position of No. 8 on CHAPEL ROAD.