48, FURNACE LANE, TRENCH, TELFORD, TF2 7JY - £120,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

48 FURNACE LANE is a very small extended terraced house of 65m², built sometime between 1900 and 1929, which could now be worth an estimated £130,665. It was last sold for £120,000 in June 2022, which was around 24% below the average June 2022 terraced price in the Telford and Wrekin local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

48 FURNACE LANE Sold Prices

Land registry data shows four sales for 48 FURNACE LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Telford and Wrekin local authority area for the corresponding sale date. The four 48 FURNACE LANE sales were a mix of below the average price, and roughly equal to 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
2022 7 JUN	£120,000	£158,672	24% below HPI
2020 28 FEB	£92,500	£125,052	26% below HPI
2004 5 AUG	£92,000	£91,875	Close to HPI
2000 10 JUL	£31,950	£39,835	20% below HPI

48 FURNACE LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Telford and Wrekin local authority area over time, sourced from the HPI. The four 48 FURNACE LANE sales between July 2000 and June 2022 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 February 2020 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2022 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 48 FURNACE LANE be worth now?

48 FURNACE LANE might now be worth an estimated £130,665.

This is based on house price inflation of 8.9%, between June 2022 and July 2025, for terraced houses, in the Telford and Wrekin local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.9% inflationary increase is applied to the most recent sale price for 48 FURNACE LANE of £120,000 on 7th June 2022. For the value to have increased from £120,000 to £130,665 over the two years and eleven months to July 2025, the following assumptions must hold true:

• The value of 48 FURNACE LANE has moved in line with the HPI for terraced houses in the Telford and Wrekin local authority area.
• The June 2022 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 48 FURNACE LANE has not materially changed since June 2022.

How Large is 48 FURNACE LANE?

48 FURNACE LANE is 65m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% of terraced houses houses in Telford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Telford, and where 48 FURNACE LANE lies on this distribution: 4% of terraced houses houses are smaller than 48 FURNACE LANE, and 96% of houses are larger. Note that EPC data is not available for all properties in Telford.

48 FURNACE LANE: Plot and Title Map

48 FURNACE LANE sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 48 FURNACE 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 48 FURNACE 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 48 FURNACE LANE?

48 FURNACE LANE is located in TRENCH, in the TF2 postcode district. The below map shows the position of No. 48 on FURNACE LANE.