8, WILLETTS WAY, DAWLEY, TELFORD, TF4 2RR - £120,000

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 WILLETTS WAY is a very small detached house of 54m², built sometime between 1976 and 1982. It was last sold for £120,000 in April 2018, which was around 52% below the average April 2018 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

8 WILLETTS WAY Sold Prices

Land registry data shows two sales for 8 WILLETTS WAY since 1^st 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 WILLETTS 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
2018 12 APR	£120,000	£248,028	52% below HPI
2017 27 JAN	£120,000	£240,647	50% below HPI

8 WILLETTS WAY 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 two 8 WILLETTS WAY sales from January 2017 and April 2018 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 2017 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the April 2018 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 8 WILLETTS WAY?

8 WILLETTS WAY is 54m² according to the EPC inspection conducted in April 2022. 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 WILLETTS WAY lies on this distribution: 1% of detached houses are smaller than 8 WILLETTS WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Telford.

8 WILLETTS WAY: Plot and Title Map

8 WILLETTS WAY sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 8 WILLETTS 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 WILLETTS 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.

Where is 8 WILLETTS WAY?

8 WILLETTS WAY is located in DAWLEY, in the TF4 postcode district. The below map shows the position of No. 8 on WILLETTS WAY.