23, FARM LANE, HORSEHAY, TELFORD, TF4 2NE - £365,000

23 FARM LANE is a very large detached house of 181m², built sometime between 1983 and 1990. It was last sold for £365,000 in February 2015, which was around 70% above the average February 2015 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was C.

23 FARM LANE Sold Prices

Land registry data shows two sales for 23 FARM 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 23 FARM 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
2015 9 FEB	£365,000	£214,333	70% above HPI
1996 17 MAY	£118,000	£72,464	63% above HPI

23 FARM 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 23 FARM LANE sales from May 1996 and February 2015 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 1996 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the February 2015 sale, where it rises to 70% above the HPI. The line then continues to track at 70% above the HPI.

How Large is 23 FARM LANE?

23 FARM LANE is 181m² according to the EPC inspection conducted in May 2014. This puts it in the largest 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 23 FARM LANE lies on this distribution: 93% of detached houses are smaller than 23 FARM LANE, and 7% of houses are larger. Note that EPC data is not available for all properties in Telford.

23 FARM LANE: Plot and Title Map

23 FARM LANE sits on a plot of roughly 0.153 of an acre, or 620m². The below map shows the location of 23 FARM 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 23 FARM 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 23 FARM LANE?

23 FARM LANE is located in HORSEHAY, in the TF4 postcode district. The below map shows the position of No. 23 on FARM LANE.