STANMAR, FURNACE LANE, TRENCH, TELFORD, TF2 7AT - £245,000

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

STANMAR is a small extended detached house of 101m², built sometime between 1950 and 1966. It was last sold for £245,000 in December 2023, which was around 28% below the average December 2023 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

STANMAR Sold Prices

Land registry data shows two sales for STANMAR 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 STANMAR 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
2023 14 DEC	£245,000	£338,467	28% below HPI
2015 2 MAR	£101,000	£214,252	53% below HPI

STANMAR 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 STANMAR sales from March 2015 and December 2023 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 2015 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the December 2023 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is STANMAR?

STANMAR is 101m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 40% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where STANMAR lies on this distribution: 34% of detached houses are smaller than STANMAR, and 65% of houses are larger. Note that EPC data is not available for all properties in Telford.

STANMAR: Plot and Title Map

STANMAR sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of STANMAR, 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 STANMAR). 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 STANMAR?

STANMAR is located on FURNACE LANE in TRENCH, in the TF2 postcode district. The below map shows the position of STANMAR on FURNACE LANE.