WILLOWDENE, QUARRY LANE, RED LAKE, TELFORD, TF1 5ED - £342,500

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

WILLOWDENE is a large extended detached house of 125m², built sometime between 1976 and 1982. It was last sold for £342,500 in December 2019, which was around 28% above the average December 2019 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

WILLOWDENE Sold Prices

Land registry data shows two sales for WILLOWDENE 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 WILLOWDENE 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
2019 19 DEC	£342,500	£267,083	28% above HPI
1998 28 AUG	£94,000	£82,302	14% above HPI

WILLOWDENE 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 WILLOWDENE sales from August 1998 and December 2019 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 1998 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the December 2019 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is WILLOWDENE?

WILLOWDENE is 125m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the largest 40% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where WILLOWDENE lies on this distribution: 66% of detached houses are smaller than WILLOWDENE, and 33% of houses are larger. Note that EPC data is not available for all properties in Telford.

WILLOWDENE: Plot and Title Map

WILLOWDENE sits on a plot of roughly 0.262 of an acre, or 1,062m². The below map shows the location of WILLOWDENE, 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 WILLOWDENE). 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 WILLOWDENE?

WILLOWDENE is located on QUARRY LANE in RED LAKE, in the TF1 postcode district. The below map shows the position of WILLOWDENE on QUARRY LANE.