12, THE PIPPINS, TELFORD, TF3 2LN - £162,000

12 THE PIPPINS is a very small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £162,000 in October 2015, which was around 27% below the average October 2015 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

12 THE PIPPINS Sold Prices

Land registry data shows three sales for 12 THE PIPPINS 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 12 THE PIPPINS 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
2015 16 OCT	£162,000	£222,023	27% below HPI
2005 5 DEC	£175,000	£203,250	14% below HPI
2003 19 DEC	£159,995	£171,870	7% below HPI

12 THE PIPPINS 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 12 THE PIPPINS sales between December 2003 and October 2015 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 December 2005 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2015 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 12 THE PIPPINS?

12 THE PIPPINS is 78m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 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 12 THE PIPPINS lies on this distribution: 10% of detached houses are smaller than 12 THE PIPPINS, and 89% of houses are larger. Note that EPC data is not available for all properties in Telford.

12 THE PIPPINS: Plot and Title Map

12 THE PIPPINS sits on a plot of roughly 0.285 of an acre, or 1,154m². The below map shows the location of 12 THE PIPPINS, 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 12 THE PIPPINS). 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 12 THE PIPPINS?

12 THE PIPPINS is located in TELFORD, in the TF3 postcode district. The below map shows the position of No. 12 on THE PIPPINS.