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
83 SUFFOLK WAY is a very small detached house of 85m², built sometime between 1996 and 2002. It was last sold for £243,000 in April 2023, which was around 30% below the average April 2023 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 83 SUFFOLK WAY since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the four 83 SUFFOLK 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 |
---|---|---|---|
2023 12 APR | £243,000 | £344,803 | 30% below HPI |
2004 6 FEB | £140,000 | £177,154 | 21% below HPI |
2001 9 NOV | £90,000 | £113,780 | 21% below HPI |
1997 4 JUL | £63,750 | £76,536 | 17% 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 four 83 SUFFOLK WAY sales between July 1997 and April 2023 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 February 2004 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2023 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.
83 SUFFOLK WAY is 85m² according to the EPC inspection conducted in April 2014. 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 83 SUFFOLK WAY lies on this distribution: 15% of detached houses are smaller than 83 SUFFOLK WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Telford.
83 SUFFOLK WAY sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 83 SUFFOLK 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 83 SUFFOLK 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.
83 SUFFOLK WAY is located in HORSEHAY, in the TF4 postcode district. The below map shows the position of No. 83 on SUFFOLK WAY.