THE FIRS, NEW ROAD, DAWLEY, TELFORD, TF4 3LL - £250,000

THE FIRS is a very small detached house of 70m², built sometime between 1983 and 1990. It was last sold for £250,000 in March 2022, which was around 23% below the average March 2022 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

THE FIRS Sold Prices

Land registry data shows three sales for THE FIRS 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. All of the three THE FIRS 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
2022 25 MAR	£250,000	£324,374	23% below HPI
2021 7 JUN	£251,000	£297,888	16% below HPI
2020 1 JUL	£130,000	£260,911	50% below HPI

THE FIRS 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 THE FIRS sales between July 2020 and March 2022 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 June 2021 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2022 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is THE FIRS?

THE FIRS is 70m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where THE FIRS lies on this distribution: 6% of detached houses are smaller than THE FIRS, and 94% of houses are larger. Note that EPC data is not available for all properties in Telford.

THE FIRS: Plot and Title Map

THE FIRS sits on a plot of roughly 0.061 of an acre, or 249m². The below map shows the location of THE FIRS, 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 THE FIRS). 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 THE FIRS?

THE FIRS is located on NEW ROAD in DAWLEY, in the TF4 postcode district. The below map shows the position of THE FIRS on NEW ROAD.