THE MALTINGS, MADELEY ROAD, IRONBRIDGE, TELFORD, TF8 7QZ - £465,000

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 MALTINGS is a very large extended detached house of 199m², built sometime between 1983 and 1990. It was last sold for £465,000 in April 2021, which was around 61% above the average April 2021 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was C.

THE MALTINGS Sold Prices

Land registry data shows two sales for THE MALTINGS 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 MALTINGS 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
2021 9 APR	£465,000	£289,582	61% above HPI
1995 3 AUG	£140,000	£71,141	97% above HPI

THE MALTINGS 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 MALTINGS sales from August 1995 and April 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 August 1995 sale was for 97% above the HPI. So the extrapolation line tracks at 97% above the HPI over time, until the April 2021 sale, where it falls to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is THE MALTINGS?

THE MALTINGS is 199m², which includes two extensions, according to the EPC inspection conducted in November 2020. 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 MALTINGS lies on this distribution: 96% of detached houses are smaller than THE MALTINGS, and 4% of houses are larger. Note that EPC data is not available for all properties in Telford.

THE MALTINGS: Plot and Title Map

THE MALTINGS sits on a plot of roughly 0.146 of an acre, or 591m². The below map shows the location of THE MALTINGS, 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 MALTINGS). 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 MALTINGS?

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