MILWOOD, TRENCH LOCK, TELFORD, TF1 5SU - £267,500

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

MILWOOD is a very small extended detached house of 87m², built sometime between 1950 and 1966. It was last sold for £267,500 in December 2023, which was around 21% below the average December 2023 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

MILWOOD Sold Prices

Land registry data shows three sales for MILWOOD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the three MILWOOD 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
2023 15 DEC	£267,500	£338,467	21% below HPI
2021 17 JUN	£150,000	£298,294	50% below HPI
2001 26 JAN	£52,000	£100,883	48% below HPI

MILWOOD 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 three MILWOOD sales between January 2001 and December 2023 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 June 2021 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the December 2023 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is MILWOOD?

MILWOOD is 87m², which includes one extension, according to the EPC inspection conducted in November 2021. 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 MILWOOD lies on this distribution: 17% of detached houses are smaller than MILWOOD, and 82% of houses are larger. Note that EPC data is not available for all properties in Telford.

MILWOOD: Plot and Title Map

MILWOOD sits on a plot of roughly 0.191 of an acre, or 774m². The below map shows the location of MILWOOD, 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 MILWOOD). 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 MILWOOD?

MILWOOD is located on TRENCH LOCK in TELFORD, in the TF1 postcode district. The below map shows the position of MILWOOD on TRENCH LOCK.