45, REES WAY, LAWLEY VILLAGE, TELFORD, TF4 2GN - £332,000

45 REES WAY is a large detached house of 132m². It was last sold for £332,000 in December 2021, which was around 6% above the average December 2021 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was February 2014, where the current energy rating was B, and the potential energy rating was B.

45 REES WAY Sold Prices

Land registry data shows two sales for 45 REES 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 45 REES WAY 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
2021 22 DEC	£332,000	£314,392	6% above HPI
2015 26 JUN	£244,950	£222,725	10% above HPI

45 REES 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 45 REES WAY sales from June 2015 and December 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 2015 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the December 2021 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 45 REES WAY?

45 REES WAY is 132m² according to the EPC inspection conducted in February 2014. This puts it in the largest 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 45 REES WAY lies on this distribution: 73% of detached houses are smaller than 45 REES WAY, and 27% of houses are larger. Note that EPC data is not available for all properties in Telford.

45 REES WAY: Plot and Title Map

45 REES WAY sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 45 REES 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 45 REES 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 45 REES WAY?

45 REES WAY is located in LAWLEY VILLAGE, in the TF4 postcode district. The below map shows the position of No. 45 on REES WAY.