1, WEAVERS RISE, KETLEY BANK, TELFORD, TF2 0EX - £170,000

1 WEAVERS RISE is a very small detached house of 54m², built sometime between 1983 and 1990. It was last sold for £170,000 in January 2020, which was around 36% below the average January 2020 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

1 WEAVERS RISE Sold Prices

Land registry data shows three sales for 1 WEAVERS RISE 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 WEAVERS RISE 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
2020 31 JAN	£170,000	£266,809	36% below HPI
2017 25 AUG	£160,000	£243,793	34% below HPI
2013 12 DEC	£150,000	£210,062	29% below HPI

1 WEAVERS RISE 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 WEAVERS RISE sales between December 2013 and January 2020 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 2017 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the January 2020 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 1 WEAVERS RISE?

1 WEAVERS RISE is 54m² according to the EPC inspection conducted in September 2013. 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 1 WEAVERS RISE lies on this distribution: 1% of detached houses are smaller than 1 WEAVERS RISE, and 99% of houses are larger. Note that EPC data is not available for all properties in Telford.

1 WEAVERS RISE: Plot and Title Map

1 WEAVERS RISE sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 1 WEAVERS RISE, 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 WEAVERS RISE). 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 WEAVERS RISE?

1 WEAVERS RISE is located in KETLEY BANK, in the TF2 postcode district. The below map shows the position of No. 1 on WEAVERS RISE.