BIRCHWOOD, RED LEES, TELFORD, TF1 5DE - £205,000

BIRCHWOOD is a very small detached house of 86m², built sometime between 1950 and 1966. It was last sold for £205,000 in May 2020, which was around 22% below the average May 2020 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was July 2019, where the current energy rating was E, and the potential energy rating was B.

BIRCHWOOD Sold Prices

Land registry data shows two sales for BIRCHWOOD 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 BIRCHWOOD 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 19 MAY	£205,000	£264,258	22% below HPI
1995 25 AUG	£62,000	£71,141	13% below HPI

BIRCHWOOD 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 BIRCHWOOD sales from August 1995 and May 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 August 1995 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is BIRCHWOOD?

BIRCHWOOD is 86m² according to the EPC inspection conducted in July 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 BIRCHWOOD lies on this distribution: 17% of detached houses are smaller than BIRCHWOOD, and 83% of houses are larger. Note that EPC data is not available for all properties in Telford.

BIRCHWOOD: Plot and Title Map

BIRCHWOOD sits on a plot of roughly 0.130 of an acre, or 524m². The below map shows the location of BIRCHWOOD, 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 BIRCHWOOD). 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 BIRCHWOOD?

BIRCHWOOD is located on RED LEES in TELFORD, in the TF1 postcode district. The below map shows the position of BIRCHWOOD on RED LEES.