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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

ELMWOOD is a very large extended detached house of 196m², built sometime between 1950 and 1966, which could now be worth an estimated £518,024. It was last sold for £387,500 in March 2019, which was around 51% 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	£257,080	51% above HPI
2007 10 SEP	£200,000	£230,141	13% 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 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2019 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might ELMWOOD be worth now?

ELMWOOD might now be worth an estimated £518,024.

This is based on house price inflation of 33.7%, between March 2019 and December 2024, for detached houses, in the Telford and Wrekin local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.7% inflationary increase is applied to the most recent sale price for ELMWOOD of £387,500 on 1st March 2019. For the value to have increased from £387,500 to £518,024 over the four years and three months to December 2024, the following assumptions must hold true:

• The value of ELMWOOD has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The March 2019 sale price of £387,500 represented a fair market value for the property.
• The size, condition, and specification of ELMWOOD has not materially changed since March 2019.

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 houses in Telford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Telford, and where ELMWOOD lies on this distribution: 96% of detached houses 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.