18, HORNET WAY, THE ROCK, TELFORD, TF3 5DY - £164,000

18 HORNET WAY is a very small detached house of 75m², built sometime between 1983 and 1990. It was last sold for £164,000 in September 2015, which was around 27% below the average September 2015 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

18 HORNET WAY Sold Prices

Land registry data shows six sales for 18 HORNET WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the six 18 HORNET 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
2015 2 SEP	£164,000	£223,381	27% below HPI
2011 1 JUN	£147,500	£208,222	29% below HPI
2004 8 APR	£128,000	£181,240	29% below HPI
1998 16 OCT	£55,000	£82,202	33% below HPI
1997 24 OCT	£53,000	£79,018	33% below HPI
1995 3 MAR	£52,000	£68,729	24% below HPI

18 HORNET 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 six 18 HORNET WAY sales between March 1995 and September 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 June 2011 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2015 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 18 HORNET WAY?

18 HORNET WAY is 75m² according to the EPC inspection conducted in February 2010. 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 18 HORNET WAY lies on this distribution: 8% of detached houses are smaller than 18 HORNET WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Telford.

18 HORNET WAY: Plot and Title Map

18 HORNET WAY sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 18 HORNET 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 18 HORNET 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 18 HORNET WAY?

18 HORNET WAY is located in THE ROCK, in the TF3 postcode district. The below map shows the position of No. 18 on HORNET WAY.