WILLOW LODGE, THE KNOWLE, JACKFIELD, TELFORD, TF8 7LF - £550,000

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

WILLOW LODGE is a very large extended detached house of 174m², built sometime between 1991 and 1995. It was last sold for £550,000 in June 2021, which was around 84% above the average June 2021 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was C.

WILLOW LODGE Sold Prices

Land registry data shows three sales for WILLOW LODGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the three WILLOW LODGE 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 30 JUN	£550,000	£298,294	84% above HPI
2018 23 FEB	£290,000	£244,073	19% above HPI
1999 30 APR	£145,000	£83,438	74% above HPI

WILLOW LODGE 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 three WILLOW LODGE sales between April 1999 and June 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 February 2018 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the June 2021 sale, where it rises to 84% above the HPI. The line then continues to track at 84% above the HPI.

How Large is WILLOW LODGE?

WILLOW LODGE is 174m², which includes one extension, according to the EPC inspection conducted in November 2018. 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 WILLOW LODGE lies on this distribution: 92% of detached houses are smaller than WILLOW LODGE, and 8% of houses are larger. Note that EPC data is not available for all properties in Telford.

WILLOW LODGE: Plot and Title Map

WILLOW LODGE sits on a plot of roughly 0.335 of an acre, or 1,354m². The below map shows the location of WILLOW LODGE, 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 WILLOW LODGE). 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 WILLOW LODGE?

WILLOW LODGE is located on THE KNOWLE in JACKFIELD, in the TF8 postcode district. The below map shows the position of WILLOW LODGE on THE KNOWLE.