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

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 SEVERN BANK is a very small extended semi-detached house of 45m², built sometime before 1900. It was last sold for £172,000 in May 2019, which was around 33% below the average May 2019 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 detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the three 8 SEVERN BANK 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
2019 10 MAY	£172,000	£258,039	33% below HPI
2014 10 JUL	£147,000	£214,304	31% below HPI
2001 13 DEC	£50,000	£115,484	57% below HPI

8 SEVERN BANK 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 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 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2019 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

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 detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 8 SEVERN BANK lies on this distribution: Less than 1% of detached 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.