9, WESLEY ROAD, IRONBRIDGE, TELFORD, TF8 7BD - £245,000

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.

9 WESLEY ROAD is a very small detached house of 77m², built sometime before 1900, which could now be worth an estimated £361,599. It was last sold for £245,000 in April 2017, which was around 2% above the average April 2017 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was B.

9 WESLEY ROAD Sold Prices

Land registry data shows two sales for 9 WESLEY ROAD 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 9 WESLEY ROAD 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
2017 28 APR	£245,000	£239,978	2% above HPI
1998 4 SEP	£84,000	£81,118	4% above HPI

9 WESLEY ROAD 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 9 WESLEY ROAD sales from September 1998 and April 2017 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 September 1998 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the April 2017 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 9 WESLEY ROAD be worth now?

9 WESLEY ROAD might now be worth an estimated £361,599.

This is based on house price inflation of 47.6%, between April 2017 and July 2026, for detached 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 47.6% inflationary increase is applied to the most recent sale price for 9 WESLEY ROAD of £245,000 on 28th April 2017. For the value to have increased from £245,000 to £361,599 over the eight years and nine months to July 2026, the following assumptions must hold true:

• The value of 9 WESLEY ROAD has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The April 2017 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 9 WESLEY ROAD has not materially changed since April 2017.

How Large is 9 WESLEY ROAD?

9 WESLEY ROAD is 77m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% of detached houses houses in Telford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Telford, and where 9 WESLEY ROAD lies on this distribution: 9% of detached houses houses are smaller than 9 WESLEY ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Telford.

9 WESLEY ROAD: Plot and Title Map

9 WESLEY ROAD sits on a plot of roughly 0.200 of an acre, or 811m². The below map shows the location of 9 WESLEY ROAD, 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 WESLEY ROAD). 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 WESLEY ROAD?

9 WESLEY ROAD is located in IRONBRIDGE, in the TF8 postcode district. The below map shows the position of No. 9 on WESLEY ROAD.