2, RANDLAY FIELDS, TELFORD, TF3 2AB - £118,500

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.

2 RANDLAY FIELDS is a small semi-detached house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £197,164. It was last sold for £118,500 in October 2014, which was around 3% below the average October 2014 semi-detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

2 RANDLAY FIELDS Sold Prices

Land registry data shows three sales for 2 RANDLAY FIELDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Telford and Wrekin local authority area for the corresponding sale date. Two of the three 2 RANDLAY FIELDS 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
2014 15 OCT	£118,500	£121,965	3% below HPI
2014 15 OCT	£118,500	£121,965	3% below HPI
1996 22 NOV	£47,000	£39,205	20% above HPI

What might 2 RANDLAY FIELDS be worth now?

2 RANDLAY FIELDS might now be worth an estimated £197,164.

This is based on house price inflation of 66.4%, between October 2014 and April 2026, for semi-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 66.4% inflationary increase is applied to the most recent sale price for 2 RANDLAY FIELDS of £118,500 on 15th October 2014. For the value to have increased from £118,500 to £197,164 over the twelve years and six months to April 2026, the following assumptions must hold true:

• The value of 2 RANDLAY FIELDS has moved in line with the HPI for semi-detached houses in the Telford and Wrekin local authority area.
• The October 2014 sale price of £118,500 represented a fair market value for the property.
• The size, condition, and specification of 2 RANDLAY FIELDS has not materially changed since October 2014.

How Large is 2 RANDLAY FIELDS?

2 RANDLAY FIELDS is 70m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 30% of semi-detached houses in Telford, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Telford, and where 2 RANDLAY FIELDS lies on this distribution: 26% of semi-detached houses are smaller than 2 RANDLAY FIELDS, and 72% of semi-detached houses are larger. Note that EPC data is not available for all properties in Telford.

2 RANDLAY FIELDS: Plot

2 RANDLAY FIELDS sits on a plot of roughly 0.070 of an acre, or 285m².

Where is 2 RANDLAY FIELDS?

2 RANDLAY FIELDS is located in TELFORD, in the TF3 postcode district.