PARKVIEW, STIRCHLEY GRANGE, STIRCHLEY ROAD, STIRCHLEY, TELFORD, TF3 1AB - £160,000

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

PARKVIEW is a very small detached house of 79m², which could now be worth an estimated £216,233. It was last sold for £160,000 in February 2019, which was around 37% below the average February 2019 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was C.

PARKVIEW Sold Prices

Land registry data shows two sales for PARKVIEW 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 PARKVIEW 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
2019 15 FEB	£160,000	£254,299	37% below HPI
2014 19 MAY	£160,000	£210,442	24% below HPI

PARKVIEW 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 PARKVIEW sales from May 2014 and February 2019 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 May 2014 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2019 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might PARKVIEW be worth now?

PARKVIEW might now be worth an estimated £216,233.

This is based on house price inflation of 35.1%, between February 2019 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 35.1% inflationary increase is applied to the most recent sale price for PARKVIEW of £160,000 on 15th February 2019. For the value to have increased from £160,000 to £216,233 over the four years and two months to December 2024, the following assumptions must hold true:

• The value of PARKVIEW has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The February 2019 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of PARKVIEW has not materially changed since February 2019.

How Large is PARKVIEW?

PARKVIEW is 79m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 20% 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 PARKVIEW lies on this distribution: 11% of detached houses houses are smaller than PARKVIEW, and 89% of houses are larger. Note that EPC data is not available for all properties in Telford.

PARKVIEW: Plot and Title Map

PARKVIEW sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of PARKVIEW, 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 PARKVIEW). 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 PARKVIEW?

PARKVIEW, STIRCHLEY GRANGE is located on STIRCHLEY ROAD in STIRCHLEY, in the TF3 postcode district. The below map shows the position of PARKVIEW, STIRCHLEY GRANGE on STIRCHLEY ROAD.