ELMWOOD, SPRING VILLAGE, TELFORD, TF4 2LX - £387,500

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

ELMWOOD is a very large extended detached house of 196m², built sometime between 1950 and 1966. It was last sold for £387,500 in March 2019, which was around 49% above the average March 2019 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was July 2018, where the current energy rating was E, and the potential energy rating was C.

ELMWOOD Sold Prices

Land registry data shows two sales for ELMWOOD 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. One of the two ELMWOOD sales was for above the average price, whilst the other was 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
2019 1 MAR	£387,500	£260,538	49% above HPI
2007 10 SEP	£200,000	£233,237	14% below HPI

ELMWOOD 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 ELMWOOD sales from September 2007 and March 2019 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 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2019 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is ELMWOOD?

ELMWOOD is 196m², which includes one extension, according to the EPC inspection conducted in July 2018. 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 ELMWOOD lies on this distribution: 96% of detached houses are smaller than ELMWOOD, and 4% of houses are larger. Note that EPC data is not available for all properties in Telford.

ELMWOOD: Plot and Title Map

ELMWOOD sits on a plot of roughly 0.236 of an acre, or 957m². The below map shows the location of ELMWOOD, 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 ELMWOOD). 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 ELMWOOD?

ELMWOOD is located in SPRING VILLAGE, in the TF4 postcode district. The below map shows the position of ELMWOOD in SPRING VILLAGE.