16, SMITHY WAY, LAWLEY VILLAGE, TELFORD, TF4 2GE - £265,000

16 SMITHY WAY is a midsized detached house of 113m². It was last sold for £265,000 in March 2021, which was around 8% below the average March 2021 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

16 SMITHY WAY Sold Prices

Land registry data shows two sales for 16 SMITHY WAY 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 16 SMITHY WAY 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
2021 19 MAR	£265,000	£286,995	8% below HPI
2014 25 JUL	£203,000	£214,304	5% below HPI

16 SMITHY WAY 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 16 SMITHY WAY sales from July 2014 and March 2021 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 July 2014 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2021 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 16 SMITHY WAY?

16 SMITHY WAY is 113m² according to the EPC inspection conducted in June 2014. 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 16 SMITHY WAY lies on this distribution: 50% of detached houses are smaller than 16 SMITHY WAY, and 49% of houses are larger. Note that EPC data is not available for all properties in Telford.

16 SMITHY WAY: Plot and Title Map

16 SMITHY WAY sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 16 SMITHY WAY, 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 16 SMITHY WAY). 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 16 SMITHY WAY?

16 SMITHY WAY is located in LAWLEY VILLAGE, in the TF4 postcode district. The below map shows the position of No. 16 on SMITHY WAY.