56, MADELEY ROAD, IRONBRIDGE, TELFORD, TF8 7QY - £250,000

56 MADELEY ROAD is a small detached house of 97m², built sometime before 1900. It was last sold for £250,000 in March 2012, which was around 23% above the average March 2012 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was August 2009, where the current energy rating was E, and the potential energy rating was D.

56 MADELEY ROAD Sold Prices

Land registry data shows two sales for 56 MADELEY ROAD 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 56 MADELEY ROAD 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
2012 19 MAR	£250,000	£203,410	23% above HPI
1996 31 OCT	£97,500	£74,832	30% above HPI

56 MADELEY ROAD 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 56 MADELEY ROAD sales from October 1996 and March 2012 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 1996 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the March 2012 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 56 MADELEY ROAD?

56 MADELEY ROAD is 97m² according to the EPC inspection conducted in August 2009. 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 56 MADELEY ROAD lies on this distribution: 29% of detached houses are smaller than 56 MADELEY ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Telford.

56 MADELEY ROAD: Plot and Title Map

56 MADELEY ROAD sits on a plot of roughly 0.209 of an acre, or 846m². The below map shows the location of 56 MADELEY ROAD, 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 56 MADELEY ROAD). 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 56 MADELEY ROAD?

56 MADELEY ROAD is located in IRONBRIDGE, in the TF8 postcode district. The below map shows the position of No. 56 on MADELEY ROAD.