2, THE MEADOWS, KETLEY BANK, TELFORD, TF2 0BH - £160,000

2 THE MEADOWS is a small extended detached house of 91m², built sometime between 1983 and 1990. It was last sold for £160,000 in July 2014, which was around 25% below the average July 2014 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was C.

2 THE MEADOWS Sold Prices

Land registry data shows three sales for 2 THE MEADOWS 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 2 THE MEADOWS sales were 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
2014 10 JUL	£160,000	£214,304	25% below HPI
2004 19 MAR	£139,000	£180,731	23% below HPI
2002 17 MAY	£64,000	£126,005	49% below HPI

2 THE MEADOWS 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 2 THE MEADOWS sales between May 2002 and July 2014 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 March 2004 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2014 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 THE MEADOWS?

2 THE MEADOWS is 91m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 30% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 2 THE MEADOWS lies on this distribution: 21% of detached houses are smaller than 2 THE MEADOWS, and 78% of houses are larger. Note that EPC data is not available for all properties in Telford.

2 THE MEADOWS: Plot and Title Map

2 THE MEADOWS sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 2 THE MEADOWS, 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 2 THE MEADOWS). 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 2 THE MEADOWS?

2 THE MEADOWS is located in KETLEY BANK, in the TF2 postcode district. The below map shows the position of No. 2 on THE MEADOWS.