MALVIN, PARK LANE, MADELEY, TELFORD, TF7 5HN - £59,995

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

MALVIN is a small extended detached house of 101m², built sometime between 1950 and 1966. It was last sold for £59,995 in January 2003, which was around 61% below the average January 2003 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

MALVIN Sold Prices

Land registry data shows two sales for MALVIN 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 MALVIN 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
2003 20 JAN	£59,995	£152,917	61% below HPI
2001 19 FEB	£34,000	£101,675	67% below HPI

MALVIN 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 MALVIN sales from February 2001 and January 2003 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 February 2001 sale was for 67% below the HPI. So the extrapolation line tracks at 67% below the HPI over time, until the January 2003 sale, where it rises to 61% below the HPI. The line then continues to track at 61% below the HPI.

How Large is MALVIN?

MALVIN is 101m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 40% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where MALVIN lies on this distribution: 34% of detached houses are smaller than MALVIN, and 65% of houses are larger. Note that EPC data is not available for all properties in Telford.

MALVIN: Plot and Title Map

MALVIN sits on a plot of roughly 0.136 of an acre, or 552m². The below map shows the location of MALVIN, 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 MALVIN). 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 MALVIN?

MALVIN is located on PARK LANE in MADELEY, in the TF7 postcode district. The below map shows the position of MALVIN on PARK LANE.