2A, NEW ROAD, IRONBRIDGE, TELFORD, TF8 7AS - £187,000

2A NEW ROAD is a very small extended detached house of 38m², built sometime between 1900 and 1929. It was last sold for £187,000 in February 2021, which was around 34% below the average February 2021 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

2A NEW ROAD Sold Prices

Land registry data shows three sales for 2A NEW ROAD 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 2A NEW ROAD 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 5 FEB	£187,000	£285,384	34% below HPI
2017 9 MAR	£135,000	£243,348	45% below HPI
2015 22 DEC	£133,125	£227,374	41% below HPI

2A NEW ROAD 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 2A NEW ROAD sales between December 2015 and February 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 March 2017 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the February 2021 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 2A NEW ROAD?

2A NEW ROAD is 38m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 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 2A NEW ROAD lies on this distribution: Less than 1% of detached houses are smaller than 2A NEW ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Telford.

2A NEW ROAD: Plot and Title Map

2A NEW ROAD sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 2A NEW ROAD, 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 2A NEW ROAD). 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 2A NEW ROAD?

2A NEW ROAD is located in IRONBRIDGE, in the TF8 postcode district. The below map shows the position of No. 2A on NEW ROAD.