2, QUEEN STREET, MADELEY, TELFORD, TF7 4BL - £134,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 QUEEN STREET is a very small terraced house of 76m², built in 2011, which could now be worth an estimated £223,740. It was last sold for £134,000 in November 2014, which was around 26% above the average November 2014 terraced price in the Telford and Wrekin local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

2 QUEEN STREET Sold Prices

Land registry data shows two sales for 2 QUEEN STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Telford and Wrekin local authority area for the corresponding sale date. Both of the two 2 QUEEN STREET 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
2014 14 NOV	£134,000	£106,748	26% above HPI
2013 4 JUN	£126,000	£100,126	26% above HPI

2 QUEEN STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Telford and Wrekin local authority area over time, sourced from the HPI. The two 2 QUEEN STREET sales from June 2013 and November 2014 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 2013 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the November 2014 sale, which was also at 26% above the HPI.

What might 2 QUEEN STREET be worth now?

2 QUEEN STREET might now be worth an estimated £223,740.

This is based on house price inflation of 67%, between November 2014 and July 2026, for terraced houses, in the Telford and Wrekin local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 67% inflationary increase is applied to the most recent sale price for 2 QUEEN STREET of £134,000 on 14th November 2014. For the value to have increased from £134,000 to £223,740 over the twelve years and four months to July 2026, the following assumptions must hold true:

• The value of 2 QUEEN STREET has moved in line with the HPI for terraced houses in the Telford and Wrekin local authority area.
• The November 2014 sale price of £134,000 represented a fair market value for the property.
• The size, condition, and specification of 2 QUEEN STREET has not materially changed since November 2014.

How Large is 2 QUEEN STREET?

2 QUEEN STREET is 76m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% of terraced houses houses in Telford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Telford, and where 2 QUEEN STREET lies on this distribution: 9% of terraced houses houses are smaller than 2 QUEEN STREET, and 91% of houses are larger. Note that EPC data is not available for all properties in Telford.

2 QUEEN STREET: Plot and Title Map

2 QUEEN STREET sits on a plot of roughly 0.029 of an acre, or 116m². The below map shows the location of 2 QUEEN STREET, 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 QUEEN STREET). 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 QUEEN STREET?

2 QUEEN STREET is located in MADELEY, in the TF7 postcode district. The below map shows the position of No. 2 on QUEEN STREET.