8, FARM LANE, HORSEHAY, TELFORD, TF4 2NE - £307,500

8 FARM LANE is a very large extended detached house of 147m², built sometime between 1991 and 1995. It was last sold for £307,500 in June 2015, which was around 38% above the average June 2015 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

8 FARM LANE Sold Prices

Land registry data shows three sales for 8 FARM LANE 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 8 FARM LANE 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
2015 29 JUN	£307,500	£222,725	38% above HPI
2000 6 JUN	£160,000	£93,418	71% above HPI
1998 7 AUG	£162,000	£82,302	97% above HPI

8 FARM LANE 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 8 FARM LANE sales between August 1998 and June 2015 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 June 2000 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the June 2015 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 8 FARM LANE?

8 FARM LANE is 147m², which includes two extensions, according to the EPC inspection conducted in October 2015. This puts it in the largest 20% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 8 FARM LANE lies on this distribution: 83% of detached houses are smaller than 8 FARM LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in Telford.

8 FARM LANE: Plot and Title Map

8 FARM LANE sits on a plot of roughly 0.147 of an acre, or 593m². The below map shows the location of 8 FARM LANE, 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 8 FARM LANE). 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 8 FARM LANE?

8 FARM LANE is located in HORSEHAY, in the TF4 postcode district. The below map shows the position of No. 8 on FARM LANE.