18, THE WHARFAGE, IRONBRIDGE, TELFORD, TF8 7AW - £140,000

18 THE WHARFAGE is a very small extended detached house of 67m², built sometime between 1900 and 1929. It was last sold for £140,000 in July 2003, which was around 16% below the average July 2003 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was September 2011, where the current energy rating was E, and the potential energy rating was D.

18 THE WHARFAGE Sold Prices

Land registry data shows three sales for 18 THE WHARFAGE 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 18 THE WHARFAGE 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
2003 25 JUL	£140,000	£167,328	16% below HPI
2001 7 SEP	£105,000	£112,097	6% below HPI
1996 4 OCT	£40,000	£74,832	47% below HPI

18 THE WHARFAGE 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 18 THE WHARFAGE sales between October 1996 and July 2003 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 September 2001 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2003 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 18 THE WHARFAGE?

18 THE WHARFAGE is 67m², which includes one extension, according to the EPC inspection conducted in September 2011. 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 THE WHARFAGE lies on this distribution: 5% of detached houses are smaller than 18 THE WHARFAGE, and 95% of houses are larger. Note that EPC data is not available for all properties in Telford.

18 THE WHARFAGE: Plot and Title Map

18 THE WHARFAGE sits on a plot of roughly 0.017 of an acre, or 71m². The below map shows the location of 18 THE WHARFAGE, 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 THE WHARFAGE). 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 THE WHARFAGE?

18 THE WHARFAGE is located in IRONBRIDGE, in the TF8 postcode district. The below map shows the position of No. 18 on THE WHARFAGE.