1, IVANHOE, FURNACE LANE, TRENCH, TELFORD, TF2 7HZ - £210,000

1 IVANHOE is a small extended detached house of 95m², built sometime between 1900 and 1929. It was last sold for £210,000 in March 2022, which was around 35% below the average March 2022 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

1 IVANHOE Sold Prices

Land registry data shows three sales for 1 IVANHOE 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 1 IVANHOE 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
2022 31 MAR	£210,000	£324,374	35% below HPI
1995 29 SEP	£40,000	£69,605	43% below HPI
1995 13 SEP	£26,000	£69,605	63% below HPI

1 IVANHOE 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 1 IVANHOE sales between September 1995 and March 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 September 1995 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the March 2022 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 1 IVANHOE?

1 IVANHOE is 95m², which includes two extensions, according to the EPC inspection conducted in January 2022. 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 1 IVANHOE lies on this distribution: 27% of detached houses are smaller than 1 IVANHOE, and 73% of houses are larger. Note that EPC data is not available for all properties in Telford.

1 IVANHOE: Plot and Title Map

1 IVANHOE sits on a plot of roughly 0.028 of an acre, or 114m². The below map shows the location of 1 IVANHOE, 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 1 IVANHOE). 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 1 IVANHOE?

1 IVANHOE is located on FURNACE LANE in TRENCH, in the TF2 postcode district. The below map shows the position of 1 IVANHOE on FURNACE LANE.