KARINA COTTAGE, VICTORIA ROAD, MADELEY, TELFORD, TF7 5EU - £175,000

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

KARINA COTTAGE is a very small detached house of 67m², built sometime between 2003 and 2006. It was last sold for £175,000 in July 2018, which was around 30% below the average July 2018 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

KARINA COTTAGE Sold Prices

Land registry data shows two sales for KARINA COTTAGE 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 KARINA COTTAGE 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
2018 2 JUL	£175,000	£251,422	30% below HPI
2016 17 MAY	£147,500	£229,579	36% below HPI

KARINA COTTAGE 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 KARINA COTTAGE sales from May 2016 and July 2018 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 May 2016 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 2018 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is KARINA COTTAGE?

KARINA COTTAGE is 67m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 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 KARINA COTTAGE lies on this distribution: 4% of detached houses are smaller than KARINA COTTAGE, and 96% of houses are larger. Note that EPC data is not available for all properties in Telford.

KARINA COTTAGE: Plot and Title Map

KARINA COTTAGE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of KARINA COTTAGE, 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 KARINA COTTAGE). 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 KARINA COTTAGE?

KARINA COTTAGE is located on VICTORIA ROAD in MADELEY, in the TF7 postcode district. The below map shows the position of KARINA COTTAGE on VICTORIA ROAD.