THE OLD CHURCH, PARK AVENUE, MADELEY, TELFORD, TF7 5AB - £240,000

THE OLD CHURCH is a very large extended detached house of 239m², built sometime before 1900. It was last sold for £240,000 in January 2022, which was around 25% below the average January 2022 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

THE OLD CHURCH Sold Prices

Land registry data shows three sales for THE OLD CHURCH 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. One of the three THE OLD CHURCH sales was for below the average price, whilst two were 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
2022 14 JAN	£240,000	£321,271	25% below HPI
2010 16 NOV	£237,500	£219,282	8% above HPI
2003 7 MAR	£170,000	£156,523	9% above HPI

THE OLD CHURCH 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 OLD CHURCH sales between March 2003 and January 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 November 2010 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the January 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is THE OLD CHURCH?

THE OLD CHURCH is 239m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 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 OLD CHURCH lies on this distribution: 98% of detached houses are smaller than THE OLD CHURCH, and 2% of houses are larger. Note that EPC data is not available for all properties in Telford.

THE OLD CHURCH: Plot and Title Map

THE OLD CHURCH sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of THE OLD CHURCH, 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 OLD CHURCH). 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 OLD CHURCH?

THE OLD CHURCH is located on PARK AVENUE in MADELEY, in the TF7 postcode district. The below map shows the position of THE OLD CHURCH on PARK AVENUE.