MONTFORD, CASTLE STREET, HADLEY, TELFORD, TF1 5GH - £385,000

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

MONTFORD is a very large extended detached house of 150m², built sometime between 1950 and 1966. It was last sold for £385,000 in October 2023, which was around 13% above the average October 2023 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

MONTFORD Sold Prices

Land registry data shows three sales for MONTFORD 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. One of the three MONTFORD sales was for above the average price, whilst two 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 12 OCT	£385,000	£341,155	13% above HPI
2002 14 JUN	£80,000	£130,182	39% below HPI
2000 13 NOV	£65,000	£96,904	33% below HPI

MONTFORD 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 MONTFORD sales between November 2000 and October 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 2002 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 2023 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is MONTFORD?

MONTFORD is 150m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the largest 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 MONTFORD lies on this distribution: 84% of detached houses are smaller than MONTFORD, and 15% of houses are larger. Note that EPC data is not available for all properties in Telford.

MONTFORD: Plot and Title Map

MONTFORD sits on a plot of roughly 0.309 of an acre, or 1,252m². The below map shows the location of MONTFORD, 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 MONTFORD). 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 MONTFORD?

MONTFORD is located on CASTLE STREET in HADLEY, in the TF1 postcode district. The below map shows the position of MONTFORD on CASTLE STREET.