LOADCROFT, LINCOLN HILL, IRONBRIDGE, TELFORD, TF8 7NL - £250,000

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

LOADCROFT is a very small detached house of 61m², built sometime between 1930 and 1949. It was last sold for £250,000 in May 2022, which was around 22% below the average May 2022 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was August 2023, where the current energy rating was E, and the potential energy rating was C.

LOADCROFT Sold Prices

Land registry data shows two sales for LOADCROFT 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 LOADCROFT 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
2022 20 MAY	£250,000	£322,011	22% below HPI
2007 5 APR	£115,000	£222,721	48% below HPI

LOADCROFT 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 LOADCROFT sales from April 2007 and May 2022 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 April 2007 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the May 2022 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is LOADCROFT?

LOADCROFT is 61m² according to the EPC inspection conducted in August 2023. 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 LOADCROFT lies on this distribution: 2% of detached houses are smaller than LOADCROFT, and 97% of houses are larger. Note that EPC data is not available for all properties in Telford.

LOADCROFT: Plot and Title Map

LOADCROFT sits on a plot of roughly 1.3 acres, or 5,162m². The below map shows the location of LOADCROFT, 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 LOADCROFT). 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 LOADCROFT?

LOADCROFT is located on LINCOLN HILL in IRONBRIDGE, in the TF8 postcode district. The below map shows the position of LOADCROFT on LINCOLN HILL.