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

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

GREENACRES is a very small detached house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £259,244. It was last sold for £152,500 in December 2011, which was around 25% 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	£202,166	25% below HPI
1996 8 MAR	£32,500	£69,943	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 25% below the HPI. The line then continues to track at 25% below the HPI.

What might GREENACRES be worth now?

GREENACRES might now be worth an estimated £259,244.

This is based on house price inflation of 70%, between December 2011 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 70% inflationary increase is applied to the most recent sale price for GREENACRES of £152,500 on 16th December 2011. For the value to have increased from £152,500 to £259,244 over the thirteen years to December 2024, the following assumptions must hold true:

• The value of GREENACRES has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The December 2011 sale price of £152,500 represented a fair market value for the property.
• The size, condition, and specification of GREENACRES has not materially changed since December 2011.

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 houses in Telford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Telford, and where GREENACRES lies on this distribution: 13% of detached houses 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 0.283 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.