8, GARSTY LANE, LAWLEY, TELFORD, TF4 2TG - £204,000

8 GARSTY LANE is a very small detached house of 85m². It was last sold for £204,000 in September 2020, which was around 26% below the average September 2020 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was February 2019, where the current energy rating was B, and the potential energy rating was A.

8 GARSTY LANE Sold Prices

Land registry data shows two sales for 8 GARSTY LANE 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 8 GARSTY LANE 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 11 SEP	£204,000	£274,550	26% below HPI
2019 28 MAR	£204,995	£260,538	21% below HPI

8 GARSTY 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 two 8 GARSTY LANE sales from March 2019 and September 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 March 2019 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2020 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 8 GARSTY LANE?

8 GARSTY LANE is 85m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 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 GARSTY LANE lies on this distribution: 15% of detached houses are smaller than 8 GARSTY LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Telford.

8 GARSTY LANE: Plot and Title Map

8 GARSTY LANE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 8 GARSTY 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 GARSTY 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 GARSTY LANE?

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