NOLUM, STATION HILL, TELFORD, TF2 9AB - £95,000

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

NOLUM is a very large detached house of 181m². It was last sold for £95,000 in February 2014, which was around 54% below the average February 2014 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was December 2015, where the current energy rating was B, and the potential energy rating was B.

NOLUM Sold Prices

Land registry data shows two sales for NOLUM 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 NOLUM 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
2014 10 FEB	£95,000	£205,956	54% below HPI
2005 16 MAR	£110,000	£196,576	44% below HPI

NOLUM 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 NOLUM sales from March 2005 and February 2014 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 March 2005 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the February 2014 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is NOLUM?

NOLUM is 181m² according to the EPC inspection conducted in December 2015. This puts it in the largest 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 NOLUM lies on this distribution: 93% of detached houses are smaller than NOLUM, and 7% of houses are larger. Note that EPC data is not available for all properties in Telford.

NOLUM: Plot and Title Map

NOLUM sits on a plot of roughly 0.455 of an acre, or 1,842m². The below map shows the location of NOLUM, 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 NOLUM). 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 NOLUM?

NOLUM is located on STATION HILL in TELFORD, in the TF2 postcode district. The below map shows the position of NOLUM on STATION HILL.