CORNERWAYS, MAIN ROAD, KETLEY BANK, TELFORD, TF2 0DQ - £300,000

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

CORNERWAYS is a very large detached house of 172m², built sometime between 1996 and 2002. It was last sold for £300,000 in May 2021, which was around 2% above the average May 2021 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

CORNERWAYS Sold Prices

Land registry data shows two sales for CORNERWAYS 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 CORNERWAYS 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
2021 6 MAY	£300,000	£293,370	2% above HPI
1998 30 OCT	£99,000	£82,202	20% above HPI

CORNERWAYS 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 CORNERWAYS sales from October 1998 and May 2021 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 October 1998 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the May 2021 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is CORNERWAYS?

CORNERWAYS is 172m² according to the EPC inspection conducted in May 2013. 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 CORNERWAYS lies on this distribution: 92% of detached houses are smaller than CORNERWAYS, and 8% of houses are larger. Note that EPC data is not available for all properties in Telford.

CORNERWAYS: Plot and Title Map

CORNERWAYS sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of CORNERWAYS, 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 CORNERWAYS). 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 CORNERWAYS?

CORNERWAYS is located on MAIN ROAD in KETLEY BANK, in the TF2 postcode district. The below map shows the position of CORNERWAYS on MAIN ROAD.