SILVERWOOD, WELLINGTON ROAD, MUXTON, TELFORD, TF2 8NX - £480,000

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

SILVERWOOD is a very large detached house of 142m², built sometime from 2007 onwards. It was last sold for £480,000 in December 2021, which was around 53% above the average December 2021 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

SILVERWOOD Sold Prices

Land registry data shows three sales for SILVERWOOD 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. Two of the three SILVERWOOD sales were for above the average price, whilst one was 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
2021 17 DEC	£480,000	£313,150	53% above HPI
2014 25 APR	£362,500	£211,562	71% above HPI
2003 26 MAR	£117,000	£156,523	25% below HPI

SILVERWOOD 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 SILVERWOOD sales between March 2003 and December 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 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the December 2021 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is SILVERWOOD?

SILVERWOOD is 142m² according to the EPC inspection conducted in March 2013. 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 SILVERWOOD lies on this distribution: 80% of detached houses are smaller than SILVERWOOD, and 19% of houses are larger. Note that EPC data is not available for all properties in Telford.

SILVERWOOD: Plot and Title Map

SILVERWOOD sits on a plot of roughly 0.159 of an acre, or 644m². The below map shows the location of SILVERWOOD, 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 SILVERWOOD). 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 SILVERWOOD?

SILVERWOOD is located on WELLINGTON ROAD in MUXTON, in the TF2 postcode district. The below map shows the position of SILVERWOOD on WELLINGTON ROAD.