4, SCHOOL LANE, TELFORD, TF1 1JF - £369,500

4 SCHOOL LANE is a very large extended detached house of 168m², built sometime between 1976 and 1982. It was last sold for £369,500 in January 2016, which was around 63% above the average January 2016 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

4 SCHOOL LANE Sold Prices

Land registry data shows two sales for 4 SCHOOL 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 4 SCHOOL 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
2016 21 JAN	£369,500	£226,832	63% above HPI
2009 14 APR	£220,000	£202,349	9% above HPI

4 SCHOOL 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 4 SCHOOL LANE sales from April 2009 and January 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 April 2009 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the January 2016 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is 4 SCHOOL LANE?

4 SCHOOL LANE is 168m², which includes one extension, according to the EPC inspection conducted in April 2015. 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 4 SCHOOL LANE lies on this distribution: 91% of detached houses are smaller than 4 SCHOOL LANE, and 9% of houses are larger. Note that EPC data is not available for all properties in Telford.

4 SCHOOL LANE: Plot and Title Map

4 SCHOOL LANE sits on a plot of roughly 0.140 of an acre, or 565m². The below map shows the location of 4 SCHOOL 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 4 SCHOOL 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 4 SCHOOL LANE?

4 SCHOOL LANE is located in TELFORD, in the TF1 postcode district. The below map shows the position of No. 4 on SCHOOL LANE.