THE BUNGALOW, HODGE BOWER, IRONBRIDGE, TELFORD, TF8 7QL - £340,000

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

THE BUNGALOW is a very small extended detached house of 74m², built sometime between 1930 and 1949. It was last sold for £340,000 in October 2020, which was around 22% above the average October 2020 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was A.

THE BUNGALOW Sold Prices

Land registry data shows two sales for THE BUNGALOW 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. One of the two THE BUNGALOW sales was for above the average price, whilst the other 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
2020 8 OCT	£340,000	£277,745	22% above HPI
2002 16 OCT	£90,000	£147,014	39% below HPI

THE BUNGALOW 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 THE BUNGALOW sales from October 2002 and October 2020 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 October 2002 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 2020 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is THE BUNGALOW?

THE BUNGALOW is 74m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the smallest 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 THE BUNGALOW lies on this distribution: 8% of detached houses are smaller than THE BUNGALOW, and 92% of houses are larger. Note that EPC data is not available for all properties in Telford.

THE BUNGALOW: Plot and Title Map

THE BUNGALOW sits on a plot of roughly 0.139 of an acre, or 564m². The below map shows the location of THE BUNGALOW, 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 THE BUNGALOW). 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 THE BUNGALOW?

THE BUNGALOW is located on HODGE BOWER in IRONBRIDGE, in the TF8 postcode district. The below map shows the position of THE BUNGALOW on HODGE BOWER.