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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

OLD VICARAGE is a very large extended detached house of 305m², built sometime before 1900, which could now be worth an estimated £981,421. It was last sold for £800,000 in February 2021, which was around 186% 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	£280,144	186% above HPI
2014 11 APR	£605,000	£208,755	190% 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 190% above the HPI. So the extrapolation line tracks at 190% above the HPI over time, until the February 2021 sale, where it falls to 186% above the HPI. The line then continues to track at 186% above the HPI.

What might OLD VICARAGE be worth now?

OLD VICARAGE might now be worth an estimated £981,421.

This is based on house price inflation of 22.7%, between February 2021 and December 2024, for detached houses, in the Telford and Wrekin local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.7% inflationary increase is applied to the most recent sale price for OLD VICARAGE of £800,000 on 19th February 2021. For the value to have increased from £800,000 to £981,421 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of OLD VICARAGE has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The February 2021 sale price of £800,000 represented a fair market value for the property.
• The size, condition, and specification of OLD VICARAGE has not materially changed since February 2021.

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 houses in Telford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Telford, and where OLD VICARAGE lies on this distribution: More than 99% of detached houses houses are smaller than OLD VICARAGE, and less than 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.