GREENACRES, CRESCENT ROAD, HADLEY, TELFORD, TF1 5JY - £152,500

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

GREENACRES is a very small detached house of 81m², built sometime between 1967 and 1975. It was last sold for £152,500 in December 2011, which was around 26% below the average December 2011 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

GREENACRES Sold Prices

Land registry data shows two sales for GREENACRES 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 GREENACRES sales 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
2011 16 DEC	£152,500	£204,885	26% below HPI
1996 8 MAR	£32,500	£70,884	54% below HPI

GREENACRES 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 GREENACRES sales from March 1996 and December 2011 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 March 1996 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the December 2011 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is GREENACRES?

GREENACRES is 81m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 20% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where GREENACRES lies on this distribution: 13% of detached houses are smaller than GREENACRES, and 87% of houses are larger. Note that EPC data is not available for all properties in Telford.

GREENACRES: Plot and Title Map

GREENACRES sits on a plot of roughly 0.284 of an acre, or 1,147m². The below map shows the location of GREENACRES, 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 GREENACRES). 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 GREENACRES?

GREENACRES is located on CRESCENT ROAD in HADLEY, in the TF1 postcode district. The below map shows the position of GREENACRES on CRESCENT ROAD.