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 TROON WAY is a very small detached house of 80m², built sometime between 1976 and 1982. It was last sold for £280,000 in February 2022, which was around 12% below the average February 2022 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 8 TROON WAY since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. Both of the two 8 TROON WAY 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 |
---|---|---|---|
2022 28 FEB | £280,000 | £318,234 | 12% below HPI |
2018 15 JUN | £220,000 | £248,503 | 11% below HPI |
The below graph shows the average detached house price in the Telford and Wrekin local authority area over time, sourced from the HPI. The two 8 TROON WAY sales from June 2018 and February 2022 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 2018 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2022 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.
8 TROON WAY is 80m² according to the EPC inspection conducted in January 2018. 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 TROON WAY lies on this distribution: 11% of detached houses are smaller than 8 TROON WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Telford.
8 TROON WAY sits on a plot of roughly 0.156 of an acre, or 633m². The below map shows the location of 8 TROON WAY, 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 TROON WAY). 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.
8 TROON WAY is located in SUTTON HILL, in the TF7 postcode district. The below map shows the position of No. 8 on TROON WAY.