RIVERSMEAD, WATERLOO STREET, IRONBRIDGE, TELFORD, TF8 7AA - £175,000

RIVERSMEAD is a large extended detached house of 134m², built sometime between 1976 and 1982. It was last sold for £175,000 in October 2015, which was around 21% below the average October 2015 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was July 2009, where the current energy rating was E, and the potential energy rating was C.

RIVERSMEAD Sold Prices

Land registry data shows two sales for RIVERSMEAD 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. One of the two RIVERSMEAD sales was for below the average price, whilst the other 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 19 OCT	£175,000	£222,023	21% below HPI
2007 6 JUL	£550,000	£225,478	144% above HPI

RIVERSMEAD 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 RIVERSMEAD sales from July 2007 and October 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 144% above the HPI. So the extrapolation line tracks at 144% above the HPI over time, until the October 2015 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is RIVERSMEAD?

RIVERSMEAD is 134m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the largest 30% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where RIVERSMEAD lies on this distribution: 74% of detached houses are smaller than RIVERSMEAD, and 26% of houses are larger. Note that EPC data is not available for all properties in Telford.

RIVERSMEAD: Plot and Title Map

RIVERSMEAD sits on a plot of roughly 0.195 of an acre, or 787m². The below map shows the location of RIVERSMEAD, 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 RIVERSMEAD). 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 RIVERSMEAD?

RIVERSMEAD is located on WATERLOO STREET in IRONBRIDGE, in the TF8 postcode district. The below map shows the position of RIVERSMEAD on WATERLOO STREET.