THE ELMS, PARK LANE, HIGH ERCALL, TELFORD, TF6 6BA - £640,000

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

THE ELMS is a very large extended detached house of 241m², built sometime between 1900 and 1929. It was last sold for £640,000 in December 2020, which was around 128% above the average December 2020 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was C.

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
2020 14 DEC	£640,000	£280,621	128% above HPI
1998 2 SEP	£185,000	£82,209	125% 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 September 1998 and December 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 September 1998 sale was for 125% above the HPI. So the extrapolation line tracks at 125% above the HPI over time, until the December 2020 sale, where it rises to 128% above the HPI. The line then continues to track at 128% above the HPI.

How Large is THE ELMS?

THE ELMS is 241m², which includes four extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 10% of detached houses in High Ercall, based on EPC data. The below chart shows the distribution of detached houses by size in High Ercall, and where THE ELMS lies on this distribution: More than 99% of detached houses are smaller than THE ELMS, and less than 1% of houses are larger. Note that EPC data is not available for all properties in High Ercall.

THE ELMS: Plot and Title Map

THE ELMS sits on a plot of roughly 0.473 of an acre, or 1,915m². 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 PARK LANE in HIGH ERCALL, in the TF6 postcode district. The below map shows the position of THE ELMS on PARK LANE.