15, CASTLE LANE, HADLEY, TELFORD, TF1 6RD - £240,000

15 CASTLE LANE is a midsized detached house of 114m², built sometime between 2007 and 2011. It was last sold for £240,000 in June 2023, which was around 33% below the average June 2023 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

15 CASTLE LANE Sold Prices

Land registry data shows two sales for 15 CASTLE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. Both of the two 15 CASTLE LANE 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
2023 9 JUN	£240,000	£359,143	33% below HPI
2011 27 MAY	£170,000	£209,400	19% below HPI

15 CASTLE LANE 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 two 15 CASTLE LANE sales from May 2011 and June 2023 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 May 2011 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2023 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 15 CASTLE LANE?

15 CASTLE LANE is 114m² according to the EPC inspection conducted in July 2022. This puts it in the largest 50% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 15 CASTLE LANE lies on this distribution: 51% of detached houses are smaller than 15 CASTLE LANE, and 47% of houses are larger. Note that EPC data is not available for all properties in Telford.

15 CASTLE LANE: Plot and Title Map

15 CASTLE LANE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 15 CASTLE LANE, 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 15 CASTLE LANE). 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 15 CASTLE LANE?

15 CASTLE LANE is located in HADLEY, in the TF1 postcode district. The below map shows the position of No. 15 on CASTLE LANE.