9, CHAPEL LANE, TELFORD, TF3 1BT - £120,000

9 CHAPEL LANE is a very small extended detached house of 65m², built sometime before 1900. It was last sold for £120,000 in December 2018, which was around 53% below the average December 2018 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

9 CHAPEL LANE Sold Prices

Land registry data shows three sales for 9 CHAPEL 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 9 CHAPEL 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
2018 14 DEC	£120,000	£256,159	53% below HPI
2003 7 MAR	£81,000	£156,523	48% below HPI
2000 12 MAY	£45,000	£93,551	52% below HPI

9 CHAPEL 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 9 CHAPEL LANE sales between May 2000 and December 2018 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 2003 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the December 2018 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 9 CHAPEL LANE?

9 CHAPEL LANE is 65m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 9 CHAPEL LANE lies on this distribution: 4% of detached houses are smaller than 9 CHAPEL LANE, and 96% of houses are larger. Note that EPC data is not available for all properties in Telford.

9 CHAPEL LANE: Plot and Title Map

9 CHAPEL LANE sits on a plot of roughly 0.042 of an acre, or 168m². The below map shows the location of 9 CHAPEL 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 9 CHAPEL 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 9 CHAPEL LANE?

9 CHAPEL LANE is located in TELFORD, in the TF3 postcode district. The below map shows the position of No. 9 on CHAPEL LANE.