2, COLLEGE LANE, WELLINGTON, TELFORD, TF1 3DH - £458,000

2 COLLEGE LANE is a very large extended detached house of 149m², built sometime between 1950 and 1966. It was last sold for £458,000 in March 2021, which was around 60% above the average March 2021 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

2 COLLEGE LANE Sold Prices

Land registry data shows two sales for 2 COLLEGE 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 2 COLLEGE LANE sales were for above 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 29 MAR	£458,000	£286,995	60% above HPI
1997 2 MAY	£99,500	£74,042	34% above HPI

2 COLLEGE 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 2 COLLEGE LANE sales from May 1997 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 May 1997 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the March 2021 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is 2 COLLEGE LANE?

2 COLLEGE LANE is 149m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 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 2 COLLEGE LANE lies on this distribution: 84% of detached houses are smaller than 2 COLLEGE LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in Telford.

2 COLLEGE LANE: Plot and Title Map

2 COLLEGE LANE sits on a plot of roughly 0.242 of an acre, or 979m². The below map shows the location of 2 COLLEGE 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 2 COLLEGE 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 2 COLLEGE LANE?

2 COLLEGE LANE is located in WELLINGTON, in the TF1 postcode district. The below map shows the position of No. 2 on COLLEGE LANE.