8, SEVERN BANK, IRONBRIDGE, TELFORD, TF8 7AN - £172,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 SEVERN BANK is a very small extended semi-detached house of 45m², built sometime before 1900, which could now be worth an estimated £232,902. It was last sold for £172,000 in May 2019, which was around 19% above the average May 2019 semi-detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

8 SEVERN BANK Sold Prices

Land registry data shows three sales for 8 SEVERN BANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Telford and Wrekin local authority area for the corresponding sale date. Two of the three 8 SEVERN BANK sales were for above the average price, whilst one was 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
2019 10 MAY	£172,000	£144,387	19% above HPI
2014 10 JUL	£147,000	£119,974	23% above HPI
2001 13 DEC	£50,000	£59,384	16% below HPI

8 SEVERN BANK Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Telford and Wrekin local authority area over time, sourced from the HPI. The three 8 SEVERN BANK sales between December 2001 and May 2019 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 July 2014 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the May 2019 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 8 SEVERN BANK be worth now?

8 SEVERN BANK might now be worth an estimated £232,902.

This is based on house price inflation of 35.4%, between May 2019 and February 2025, for semi-detached houses, in the Telford and Wrekin local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.4% inflationary increase is applied to the most recent sale price for 8 SEVERN BANK of £172,000 on 10th May 2019. For the value to have increased from £172,000 to £232,902 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 8 SEVERN BANK has moved in line with the HPI for semi-detached houses in the Telford and Wrekin local authority area.
• The May 2019 sale price of £172,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SEVERN BANK has not materially changed since May 2019.

How Large is 8 SEVERN BANK?

8 SEVERN BANK is 45m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% of semi-detached houses houses in Telford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Telford, and where 8 SEVERN BANK lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 8 SEVERN BANK, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Telford.

8 SEVERN BANK: Plot and Title Map

8 SEVERN BANK sits on a plot of roughly 0.029 of an acre, or 116m². The below map shows the location of 8 SEVERN BANK, 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 SEVERN BANK). 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 SEVERN BANK?

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