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

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 THE HAY is a very small extended detached house of 79m², built sometime between 1983 and 1990. It was last sold for £215,000 in March 2021, which was around 25% 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	£285,901	25% below HPI
2015 30 JAN	£155,000	£219,899	30% below HPI
1997 21 JUL	£55,000	£76,536	28% 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 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2021 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

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 in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 8 THE HAY lies on this distribution: 11% of detached 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.