7, SEVERN BANK, IRONBRIDGE, TELFORD, TF8 7AN - £280,000

7 SEVERN BANK is a small extended detached house of 101m², built sometime between 1967 and 1975. It was last sold for £280,000 in November 2020, which was around 1% below the average November 2020 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was D.

7 SEVERN BANK Sold Prices

Land registry data shows two sales for 7 SEVERN BANK 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 7 SEVERN BANK 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
2020 26 NOV	£280,000	£282,015	1% below HPI
2019 18 DEC	£185,000	£267,083	31% below HPI

7 SEVERN BANK 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 7 SEVERN BANK sales from December 2019 and November 2020 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 December 2019 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2020 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 7 SEVERN BANK?

7 SEVERN BANK is 101m², which includes two extensions, according to the EPC inspection conducted in May 2011. This puts it in the smallest 40% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 7 SEVERN BANK lies on this distribution: 34% of detached houses are smaller than 7 SEVERN BANK, and 66% of houses are larger. Note that EPC data is not available for all properties in Telford.

7 SEVERN BANK: Plot and Title Map

7 SEVERN BANK sits on a plot of roughly 0.015 of an acre, or 60m². The below map shows the location of 7 SEVERN BANK, 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 7 SEVERN BANK). 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 7 SEVERN BANK?

7 SEVERN BANK is located in IRONBRIDGE, in the TF8 postcode district. The below map shows the position of No. 7 on SEVERN BANK.