THE WEAVERS, WEAVERS RISE, KETLEY BANK, TELFORD, TF2 0EX - £249,995

THE WEAVERS is a very small detached house of 64m², built in 2021. It was last sold for £249,995 in June 2022, which was around 24% below the average June 2022 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was May 2022, where the current energy rating was B, and the potential energy rating was A.

THE WEAVERS Sold Prices

Land registry data shows three sales for THE WEAVERS 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 WEAVERS 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 6 JUN	£249,995	£329,533	24% below HPI
2002 13 DEC	£130,000	£150,137	13% below HPI
1998 9 OCT	£69,950	£82,202	15% below HPI

THE WEAVERS 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 WEAVERS sales between October 1998 and June 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 December 2002 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is THE WEAVERS?

THE WEAVERS is 64m² according to the EPC inspection conducted in May 2022. 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 WEAVERS lies on this distribution: 3% of detached houses are smaller than THE WEAVERS, and 96% of houses are larger. Note that EPC data is not available for all properties in Telford.

THE WEAVERS: Plot and Title Map

THE WEAVERS sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of THE WEAVERS, 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 WEAVERS). 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 WEAVERS?

THE WEAVERS is located on WEAVERS RISE in KETLEY BANK, in the TF2 postcode district. The below map shows the position of THE WEAVERS on WEAVERS RISE.