THE TIMBERS, IRONBRIDGE ROAD, MADELEY, TELFORD, TF7 5JU - £157,500

THE TIMBERS is a small detached house of 104m², built sometime between 1930 and 1949. It was last sold for £157,500 in January 2013, which was around 23% below the average January 2013 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was February 2011, where the current energy rating was E, and the potential energy rating was E.

THE TIMBERS Sold Prices

Land registry data shows two sales for THE TIMBERS 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 THE TIMBERS 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
2013 31 JAN	£157,500	£205,288	23% below HPI
1996 12 FEB	£58,000	£70,682	18% below HPI

THE TIMBERS 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 THE TIMBERS sales from February 1996 and January 2013 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 February 1996 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the January 2013 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is THE TIMBERS?

THE TIMBERS is 104m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 40% 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 TIMBERS lies on this distribution: 39% of detached houses are smaller than THE TIMBERS, and 61% of houses are larger. Note that EPC data is not available for all properties in Telford.

THE TIMBERS: Plot and Title Map

THE TIMBERS sits on a plot of roughly 0.160 of an acre, or 646m². The below map shows the location of THE TIMBERS, 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 TIMBERS). 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 TIMBERS?

THE TIMBERS is located on IRONBRIDGE ROAD in MADELEY, in the TF7 postcode district. The below map shows the position of THE TIMBERS on IRONBRIDGE ROAD.