IREDA, STATION FIELDS, OAKENGATES, TELFORD, TF2 6DH - £129,950

IREDA is a very small extended detached house of 68m², built sometime between 1930 and 1949. It was last sold for £129,950 in November 2003, which was around 25% below the average November 2003 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

IREDA Sold Prices

Land registry data shows three sales for IREDA 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 IREDA 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
2003 21 NOV	£129,950	£172,252	25% below HPI
1998 11 NOV	£62,500	£80,614	22% below HPI
1997 30 APR	£52,250	£73,198	29% below HPI

IREDA 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 IREDA sales between April 1997 and November 2003 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 November 1998 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2003 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is IREDA?

IREDA is 68m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 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 IREDA lies on this distribution: 5% of detached houses are smaller than IREDA, and 94% of houses are larger. Note that EPC data is not available for all properties in Telford.

IREDA: Plot and Title Map

IREDA sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of IREDA, 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 IREDA). 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 IREDA?

IREDA is located on STATION FIELDS in OAKENGATES, in the TF2 postcode district. The below map shows the position of IREDA on STATION FIELDS.