MILWOOD, TRENCH LOCK, TELFORD, TF1 5SU - £150,000

MILWOOD is a very small extended detached house of 87m², built sometime between 1950 and 1966. It was last sold for £150,000 in June 2021, which was around 50% below the average June 2021 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

MILWOOD Sold Prices

Land registry data shows two sales for MILWOOD 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 MILWOOD 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
2021 17 JUN	£150,000	£297,888	50% below HPI
2001 26 JAN	£52,000	£100,883	48% below HPI

MILWOOD 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 MILWOOD sales from January 2001 and June 2021 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 January 2001 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the June 2021 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is MILWOOD?

MILWOOD is 87m², which includes one extension, according to the EPC inspection conducted in November 2021. 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 MILWOOD lies on this distribution: 18% of detached houses are smaller than MILWOOD, and 81% of houses are larger. Note that EPC data is not available for all properties in Telford.

MILWOOD: Plot and Title Map

MILWOOD sits on a plot of roughly 0.191 of an acre, or 774m². The below map shows the location of MILWOOD, 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 MILWOOD). 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 MILWOOD?

MILWOOD is located on TRENCH LOCK in TELFORD, in the TF1 postcode district. The below map shows the position of MILWOOD on TRENCH LOCK.