55, GROVEFIELDS, LEEGOMERY, TELFORD, TF1 6YL - £172,500

55 GROVEFIELDS is a very small detached house of 74m², built sometime between 1991 and 1995. It was last sold for £172,500 in October 2016, which was around 27% below the average October 2016 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was B.

55 GROVEFIELDS Sold Prices

Land registry data shows two sales for 55 GROVEFIELDS 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 55 GROVEFIELDS 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
2016 28 OCT	£172,500	£236,575	27% below HPI
2015 30 OCT	£128,500	£222,023	42% below HPI

55 GROVEFIELDS 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 55 GROVEFIELDS sales from October 2015 and October 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 October 2015 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the October 2016 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 55 GROVEFIELDS?

55 GROVEFIELDS is 74m² according to the EPC inspection conducted in August 2015. 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 55 GROVEFIELDS lies on this distribution: 8% of detached houses are smaller than 55 GROVEFIELDS, and 92% of houses are larger. Note that EPC data is not available for all properties in Telford.

55 GROVEFIELDS: Plot and Title Map

55 GROVEFIELDS sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 55 GROVEFIELDS, 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 55 GROVEFIELDS). 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 55 GROVEFIELDS?

55 GROVEFIELDS is located in LEEGOMERY, in the TF1 postcode district. The below map shows the position of No. 55 on GROVEFIELDS.