38, SWANSMEDE WAY, STIRCHLEY, TELFORD, TF3 1QR - £180,000

38 SWANSMEDE WAY is a small detached house of 95m², built sometime between 1991 and 1995. It was last sold for £180,000 in February 2015, which was around 16% below the average February 2015 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

38 SWANSMEDE WAY Sold Prices

Land registry data shows two sales for 38 SWANSMEDE WAY 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 38 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
2015 17 FEB	£180,000	£214,333	16% below HPI
2002 7 JUN	£108,500	£130,182	17% below HPI

38 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 two 38 SWANSMEDE WAY sales from June 2002 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 June 2002 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2015 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 38 SWANSMEDE WAY?

38 SWANSMEDE WAY is 95m² according to the EPC inspection conducted in September 2014. 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 38 SWANSMEDE WAY lies on this distribution: 27% of detached houses are smaller than 38 SWANSMEDE WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Telford.

38 SWANSMEDE WAY: Plot and Title Map

38 SWANSMEDE WAY sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 38 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 38 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 38 SWANSMEDE WAY?

38 SWANSMEDE WAY is located in STIRCHLEY, in the TF3 postcode district. The below map shows the position of No. 38 on SWANSMEDE WAY.