FLORACE, STATION FIELDS, OAKENGATES, TELFORD, TF2 6DH - £260,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

FLORACE is a small detached house of 90m². It was last sold for £260,000 in December 2017, which was around 5% above the average December 2017 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was October 2009, where the current energy rating was E, and the potential energy rating was D.

FLORACE Sold Prices

Land registry data shows three sales for FLORACE 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. One of the three FLORACE sales was for above the average price, whilst two were 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
2017 1 DEC	£260,000	£247,722	5% above HPI
2014 31 JUL	£213,000	£214,304	1% below HPI
2007 29 OCT	£215,000	£232,737	8% below HPI

FLORACE 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 FLORACE sales between October 2007 and December 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 July 2014 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the December 2017 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is FLORACE?

FLORACE is 90m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 30% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where FLORACE lies on this distribution: 21% of detached houses are smaller than FLORACE, and 79% of houses are larger. Note that EPC data is not available for all properties in Telford.

FLORACE: Plot and Title Map

FLORACE sits on a plot of roughly 0.200 of an acre, or 809m². The below map shows the location of FLORACE, 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 FLORACE). 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 FLORACE?

FLORACE is located on STATION FIELDS in OAKENGATES, in the TF2 postcode district. The below map shows the position of FLORACE on STATION FIELDS.