8, MEADOW ROAD, WELLINGTON, TELFORD, TF1 2HG - £182,500

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 MEADOW ROAD is a very small extended semi-detached house of 57m², built sometime between 1950 and 1966. It was last sold for £182,500 in February 2018, which was around 25% below the average February 2018 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

8 MEADOW ROAD Sold Prices

Land registry data shows four sales for 8 MEADOW 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. All of the four 8 MEADOW 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
2018 2 FEB	£182,500	£244,073	25% below HPI
2014 27 JUN	£168,000	£213,635	21% below HPI
2005 26 MAY	£152,000	£197,280	23% below HPI
2002 31 MAY	£84,950	£126,005	33% below HPI

8 MEADOW 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 MEADOW ROAD sales between May 2002 and February 2018 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 2014 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2018 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 8 MEADOW ROAD?

8 MEADOW ROAD is 57m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the smallest 10% 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 MEADOW ROAD lies on this distribution: 2% of detached houses are smaller than 8 MEADOW ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Telford.

8 MEADOW ROAD: Plot and Title Map

8 MEADOW ROAD sits on a plot of roughly 0.072 of an acre, or 289m². The below map shows the location of 8 MEADOW 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 MEADOW 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 MEADOW ROAD?

8 MEADOW ROAD is located in WELLINGTON, in the TF1 postcode district. The below map shows the position of No. 8 on MEADOW ROAD.