OLD VICARAGE, SHEPHERDS LANE, RED LAKE, TELFORD, TF1 5EH - £800,000

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

OLD VICARAGE is a very large extended detached house of 305m², built sometime before 1900. It was last sold for £800,000 in February 2021, which was around 182% above the average February 2021 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

OLD VICARAGE Sold Prices

Land registry data shows two sales for OLD VICARAGE 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 OLD VICARAGE sales were for above 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
2021 19 FEB	£800,000	£283,912	182% above HPI
2014 11 APR	£605,000	£211,562	186% above HPI

OLD VICARAGE 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 OLD VICARAGE sales from April 2014 and February 2021 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 2014 sale was for 186% above the HPI. So the extrapolation line tracks at 186% above the HPI over time, until the February 2021 sale, where it falls to 182% above the HPI. The line then continues to track at 182% above the HPI.

How Large is OLD VICARAGE?

OLD VICARAGE is 305m², which includes one extension, according to the EPC inspection conducted in March 2020. 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 OLD VICARAGE lies on this distribution: 99% of detached houses are smaller than OLD VICARAGE, and 1% of houses are larger. Note that EPC data is not available for all properties in Telford.

OLD VICARAGE: Plot and Title Map

OLD VICARAGE sits on a plot of roughly 1.0 acres, or 4,115m². The below map shows the location of OLD VICARAGE, 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 OLD VICARAGE). 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 OLD VICARAGE?

OLD VICARAGE is located on SHEPHERDS LANE in RED LAKE, in the TF1 postcode district. The below map shows the position of OLD VICARAGE on SHEPHERDS LANE.