9, NEW ROAD, IRONBRIDGE, TELFORD, TF8 7AU - £430,000

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

9 NEW ROAD is a very large extended detached house of 153m², built sometime before 1900. It was last sold for £430,000 in March 2017, which was around 77% above the average March 2017 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

9 NEW ROAD Sold Prices

Land registry data shows three sales for 9 NEW ROAD 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 9 NEW ROAD sales were for above 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
2017 3 MAR	£430,000	£243,348	77% above HPI
2014 24 APR	£390,000	£211,562	84% above HPI
1996 24 JUN	£95,000	£72,833	30% above HPI

9 NEW ROAD 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 9 NEW ROAD sales between June 1996 and March 2017 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 April 2014 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the March 2017 sale, where it falls to 77% above the HPI. The line then continues to track at 77% above the HPI.

How Large is 9 NEW ROAD?

9 NEW ROAD is 153m², which includes two extensions, according to the EPC inspection conducted in April 2012. This puts it in the largest 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 9 NEW ROAD lies on this distribution: 86% of detached houses are smaller than 9 NEW ROAD, and 14% of houses are larger. Note that EPC data is not available for all properties in Telford.

9 NEW ROAD: Plot and Title Map

9 NEW ROAD sits on a plot of roughly 0.332 of an acre, or 1,344m². The below map shows the location of 9 NEW ROAD, 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 9 NEW ROAD). 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 9 NEW ROAD?

9 NEW ROAD is located in IRONBRIDGE, in the TF8 postcode district. The below map shows the position of No. 9 on NEW ROAD.