2, SWANSMEDE WAY, STIRCHLEY, TELFORD, TF3 1QR - £250,000

2 SWANSMEDE WAY is a small extended detached house of 98m², built sometime between 1983 and 1990. It was last sold for £250,000 in July 2021, which was around 15% below the average July 2021 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

2 SWANSMEDE WAY Sold Prices

Land registry data shows three sales for 2 SWANSMEDE 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 SWANSMEDE 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
2021 8 JUL	£250,000	£295,648	15% below HPI
2019 24 JUN	£165,000	£253,647	35% below HPI
1995 8 DEC	£69,500	£70,565	2% below HPI

2 SWANSMEDE 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 SWANSMEDE WAY sales between December 1995 and July 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 June 2019 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 2 SWANSMEDE WAY?

2 SWANSMEDE WAY is 98m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 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 SWANSMEDE WAY lies on this distribution: 30% of detached houses are smaller than 2 SWANSMEDE WAY, and 69% of houses are larger. Note that EPC data is not available for all properties in Telford.

2 SWANSMEDE WAY: Plot and Title Map

2 SWANSMEDE WAY sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 2 SWANSMEDE 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 SWANSMEDE 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 SWANSMEDE WAY?

2 SWANSMEDE WAY is located in STIRCHLEY, in the TF3 postcode district. The below map shows the position of No. 2 on SWANSMEDE WAY.