7, THE WOODLANDS, RED LAKE, TELFORD, TF1 5ES - £219,000

7 THE WOODLANDS is a midsized extended detached house of 112m², built sometime between 1996 and 2002. It was last sold for £219,000 in October 2016, which was around 7% below the average October 2016 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.

7 THE WOODLANDS Sold Prices

Land registry data shows three sales for 7 THE WOODLANDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the three 7 THE WOODLANDS 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 4 OCT	£219,000	£236,575	7% below HPI
2005 14 DEC	£185,000	£203,250	9% below HPI
2002 8 FEB	£114,950	£116,973	2% below HPI

7 THE WOODLANDS 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 three 7 THE WOODLANDS sales between February 2002 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 December 2005 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2016 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 7 THE WOODLANDS?

7 THE WOODLANDS is 112m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 50% 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 THE WOODLANDS lies on this distribution: 48% of detached houses are smaller than 7 THE WOODLANDS, and 51% of houses are larger. Note that EPC data is not available for all properties in Telford.

7 THE WOODLANDS: Plot and Title Map

7 THE WOODLANDS sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 7 THE WOODLANDS, 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 THE WOODLANDS). 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 THE WOODLANDS?

7 THE WOODLANDS is located in RED LAKE, in the TF1 postcode district. The below map shows the position of No. 7 on THE WOODLANDS.