8, THE HAY, THE ROCK, TELFORD, TF3 5DP - £215,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 THE HAY is a very small extended detached house of 79m², built sometime between 1983 and 1990, which could now be worth an estimated £261,922. It was last sold for £215,000 in March 2021, which was around 24% below the average March 2021 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was B.

8 THE HAY Sold Prices

Land registry data shows three sales for 8 THE HAY 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 THE HAY 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
2021 12 MAR	£215,000	£282,107	24% below HPI
2015 30 JAN	£155,000	£216,981	29% below HPI
1997 21 JUL	£55,000	£75,520	27% below HPI

8 THE HAY 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 THE HAY sales between July 1997 and March 2021 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 January 2015 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2021 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 8 THE HAY be worth now?

8 THE HAY might now be worth an estimated £261,922.

This is based on house price inflation of 21.8%, between March 2021 and December 2024, for 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 21.8% inflationary increase is applied to the most recent sale price for 8 THE HAY of £215,000 on 12th March 2021. For the value to have increased from £215,000 to £261,922 over the two years and three months to December 2024, the following assumptions must hold true:

• The value of 8 THE HAY has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The March 2021 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE HAY has not materially changed since March 2021.

How Large is 8 THE HAY?

8 THE HAY is 79m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 20% of detached houses houses in Telford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Telford, and where 8 THE HAY lies on this distribution: 11% of detached houses houses are smaller than 8 THE HAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Telford.

8 THE HAY: Plot and Title Map

8 THE HAY sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 8 THE HAY, 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 THE HAY). 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 THE HAY?

8 THE HAY is located in THE ROCK, in the TF3 postcode district. The below map shows the position of No. 8 on THE HAY.