74, BOWER YARD, IRONBRIDGE, TELFORD, TF8 7AZ - £242,500

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.

74 BOWER YARD is a very small extended terraced house of 70m², built sometime before 1900, which could now be worth an estimated £317,308. It was last sold for £242,500 in October 2020, which was around 85% above the average October 2020 terraced price in the Telford and Wrekin local authority area. The most recent EPC inspection was September 2019, where the current energy rating was E, and the potential energy rating was B.

74 BOWER YARD Sold Prices

Land registry data shows three sales for 74 BOWER YARD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Telford and Wrekin local authority area for the corresponding sale date. All of the three 74 BOWER YARD 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
2020 15 OCT	£242,500	£131,312	85% above HPI
2012 8 OCT	£165,000	£98,828	67% above HPI
2006 28 FEB	£180,000	£101,052	78% above HPI

74 BOWER YARD 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 three 74 BOWER YARD sales between February 2006 and October 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 October 2012 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the October 2020 sale, where it rises to 85% above the HPI. The line then continues to track at 85% above the HPI.

What might 74 BOWER YARD be worth now?

74 BOWER YARD might now be worth an estimated £317,308.

This is based on house price inflation of 30.8%, between October 2020 and April 2026, 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 30.8% inflationary increase is applied to the most recent sale price for 74 BOWER YARD of £242,500 on 15th October 2020. For the value to have increased from £242,500 to £317,308 over the six years and six months to April 2026, the following assumptions must hold true:

• The value of 74 BOWER YARD has moved in line with the HPI for terraced houses in the Telford and Wrekin local authority area.
• The October 2020 sale price of £242,500 represented a fair market value for the property.
• The size, condition, and specification of 74 BOWER YARD has not materially changed since October 2020.

How Large is 74 BOWER YARD?

74 BOWER YARD is 70m², which includes two extensions, according to the EPC inspection conducted in September 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 74 BOWER YARD lies on this distribution: 6% of terraced houses houses are smaller than 74 BOWER YARD, and 94% of houses are larger. Note that EPC data is not available for all properties in Telford.

74 BOWER YARD: Plot and Title Map

74 BOWER YARD sits on a plot of roughly 0.135 of an acre, or 548m². The below map shows the location of 74 BOWER YARD, 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 74 BOWER YARD). 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 74 BOWER YARD?

74 BOWER YARD is located in IRONBRIDGE, in the TF8 postcode district. The below map shows the position of No. 74 on BOWER YARD.