2, SMITHY WAY, LAWLEY VILLAGE, TELFORD, TF4 2GE - £243,000

2 SMITHY WAY is a large detached house of 133m². It was last sold for £243,000 in November 2016, which was around 2% above the average November 2016 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was C.

2 SMITHY WAY Sold Prices

Land registry data shows three sales for 2 SMITHY WAY 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 2 SMITHY WAY 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
2016 16 NOV	£243,000	£237,327	2% above HPI
2016 22 JAN	£235,000	£226,832	4% above HPI
2014 28 MAR	£249,995	£208,542	20% above HPI

2 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 three 2 SMITHY WAY sales between March 2014 and November 2016 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 January 2016 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the November 2016 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 2 SMITHY WAY?

2 SMITHY WAY is 133m² according to the EPC inspection conducted in March 2014. This puts it in the largest 30% 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 SMITHY WAY lies on this distribution: 74% of detached houses are smaller than 2 SMITHY WAY, and 26% of houses are larger. Note that EPC data is not available for all properties in Telford.

2 SMITHY WAY: Plot and Title Map

2 SMITHY WAY sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 2 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 2 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 2 SMITHY WAY?

2 SMITHY WAY is located in LAWLEY VILLAGE, in the TF4 postcode district. The below map shows the position of No. 2 on SMITHY WAY.