THE ELMS, BUILDWAS ROAD, IRONBRIDGE, TELFORD, TF8 7DW - £825,000

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 ELMS is a very large detached house of 251m², built sometime before 1900. It was last sold for £825,000 in October 2023, which was around 142% above the average October 2023 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was November 2008, where the current energy rating was E, and the potential energy rating was D.

THE ELMS Sold Prices

Land registry data shows two sales for THE ELMS 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 THE ELMS 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
2023 11 OCT	£825,000	£340,864	142% above HPI
2005 7 APR	£455,000	£195,532	133% above HPI

THE ELMS 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 ELMS sales from April 2005 and October 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 April 2005 sale was for 133% above the HPI. So the extrapolation line tracks at 133% above the HPI over time, until the October 2023 sale, where it rises to 142% above the HPI. The line then continues to track at 142% above the HPI.

How Large is THE ELMS?

THE ELMS is 251m² according to the EPC inspection conducted in November 2008. This puts it in the largest 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 ELMS lies on this distribution: 99% of detached houses are smaller than THE ELMS, and 1% of houses are larger. Note that EPC data is not available for all properties in Telford.

THE ELMS: Plot and Title Map

THE ELMS sits on a plot of roughly 0.402 of an acre, or 1,627m². The below map shows the location of THE ELMS, 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 ELMS). 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 ELMS?

THE ELMS is located on BUILDWAS ROAD in IRONBRIDGE, in the TF8 postcode district. The below map shows the position of THE ELMS on BUILDWAS ROAD.