TOWERS CROFT, BUILDWAS ROAD, IRONBRIDGE, TELFORD, TF8 7BJ - £265,000

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

TOWERS CROFT is a very large extended detached house of 142m², built sometime between 1967 and 1975. It was last sold for £265,000 in December 2011, which was around 29% above the average December 2011 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.

TOWERS CROFT Sold Prices

Land registry data shows two sales for TOWERS CROFT 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 TOWERS CROFT 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
2011 2 DEC	£265,000	£204,885	29% above HPI
2010 30 APR	£220,000	£212,531	4% above HPI

TOWERS CROFT 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 TOWERS CROFT sales from April 2010 and December 2011 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 2010 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the December 2011 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is TOWERS CROFT?

TOWERS CROFT is 142m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the largest 20% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where TOWERS CROFT lies on this distribution: 80% of detached houses are smaller than TOWERS CROFT, and 19% of houses are larger. Note that EPC data is not available for all properties in Telford.

TOWERS CROFT: Plot and Title Map

TOWERS CROFT sits on a plot of roughly 0.221 of an acre, or 894m². The below map shows the location of TOWERS CROFT, 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 TOWERS CROFT). 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 TOWERS CROFT?

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