LYDMAR, WRENS NEST LANE, KETLEY, TELFORD, TF1 5HL - £155,000

LYDMAR is a very large detached house of 153m², built sometime between 1967 and 1975. It was last sold for £155,000 in January 2015, which was around 30% below the average January 2015 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.

LYDMAR Sold Prices

Land registry data shows three sales for LYDMAR 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. Two of the three LYDMAR sales were for below the average price, whilst one was 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 23 JAN	£155,000	£219,899	30% below HPI
2007 31 JUL	£300,000	£225,478	33% above HPI
2003 3 APR	£149,950	£159,023	6% below HPI

LYDMAR 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 LYDMAR sales between April 2003 and January 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 July 2007 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the January 2015 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is LYDMAR?

LYDMAR is 153m² according to the EPC inspection conducted in September 2013. 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 LYDMAR lies on this distribution: 86% of detached houses are smaller than LYDMAR, and 14% of houses are larger. Note that EPC data is not available for all properties in Telford.

LYDMAR: Plot and Title Map

LYDMAR sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of LYDMAR, 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 LYDMAR). 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 LYDMAR?

LYDMAR is located on WRENS NEST LANE in KETLEY, in the TF1 postcode district. The below map shows the position of LYDMAR on WRENS NEST LANE.