9, PARK STREET, WELLINGTON, TELFORD, TF1 3AE - £325,000

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 PARK STREET is a very large extended detached house of 170m², built sometime before 1900. It was last sold for £325,000 in April 2023, which was around 6% below the average April 2023 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was December 2015, where the current energy rating was E, and the potential energy rating was C.

9 PARK STREET Sold Prices

Land registry data shows three sales for 9 PARK STREET 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. Two of the three 9 PARK STREET sales were for below the average price, whilst one was 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
2023 12 APR	£325,000	£344,803	6% below HPI
2019 24 SEP	£300,000	£257,908	16% above HPI
2006 15 SEP	£160,000	£214,632	25% below HPI

9 PARK STREET 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 PARK STREET sales between September 2006 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 September 2019 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the April 2023 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 9 PARK STREET?

9 PARK STREET is 170m², which includes three extensions, according to the EPC inspection conducted in December 2015. This puts it in the largest 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 9 PARK STREET lies on this distribution: 91% of detached houses are smaller than 9 PARK STREET, and 9% of houses are larger. Note that EPC data is not available for all properties in Telford.

9 PARK STREET: Plot and Title Map

9 PARK STREET sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 9 PARK STREET, 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 PARK STREET). 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 PARK STREET?

9 PARK STREET is located in WELLINGTON, in the TF1 postcode district. The below map shows the position of No. 9 on PARK STREET.