WOODLANDS HOUSE, SHEPHERDS LANE, RED LAKE, TELFORD, TF1 5EH - £455,000

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

WOODLANDS HOUSE is a very large detached house of 148m², built sometime between 1967 and 1975. It was last sold for £455,000 in December 2022, which was around 31% above the average December 2022 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was C.

WOODLANDS HOUSE Sold Prices

Land registry data shows two sales for WOODLANDS HOUSE 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. One of the two WOODLANDS HOUSE sales was for above the average price, whilst the other was for below 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
2022 14 DEC	£455,000	£346,104	31% above HPI
2017 4 APR	£1,000	£243,206	100% below HPI

WOODLANDS HOUSE 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 WOODLANDS HOUSE sales from April 2017 and December 2022 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 2017 sale was for 100% below the HPI. So the extrapolation line tracks at 100% below the HPI over time, until the December 2022 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is WOODLANDS HOUSE?

WOODLANDS HOUSE is 148m² according to the EPC inspection conducted in April 2022. 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 WOODLANDS HOUSE lies on this distribution: 84% of detached houses are smaller than WOODLANDS HOUSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Telford.

WOODLANDS HOUSE: Plot and Title Map

WOODLANDS HOUSE sits on a plot of roughly 0.151 of an acre, or 613m². The below map shows the location of WOODLANDS HOUSE, 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 WOODLANDS HOUSE). 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 WOODLANDS HOUSE?

WOODLANDS HOUSE is located on SHEPHERDS LANE in RED LAKE, in the TF1 postcode district. The below map shows the position of WOODLANDS HOUSE on SHEPHERDS LANE.