WREKIN VIEW, RED LEES, TELFORD, TF1 5DQ - £260,000

WREKIN VIEW is a very large extended detached house of 167m², built sometime before 1900. It was last sold for £260,000 in April 2017, which was around 7% above the average April 2017 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was January 2016, where the current energy rating was E, and the potential energy rating was B.

WREKIN VIEW Sold Prices

Land registry data shows two sales for WREKIN VIEW 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 WREKIN VIEW sales 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
2017 3 APR	£260,000	£243,206	7% above HPI
1997 7 JUL	£88,500	£76,536	16% above HPI

WREKIN VIEW 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 WREKIN VIEW sales from July 1997 and April 2017 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 July 1997 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the April 2017 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is WREKIN VIEW?

WREKIN VIEW is 167m², which includes three extensions, according to the EPC inspection conducted in January 2016. 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 WREKIN VIEW lies on this distribution: 90% of detached houses are smaller than WREKIN VIEW, and 9% of houses are larger. Note that EPC data is not available for all properties in Telford.

WREKIN VIEW: Plot and Title Map

WREKIN VIEW sits on a plot of roughly 0.245 of an acre, or 993m². The below map shows the location of WREKIN VIEW, 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 WREKIN VIEW). 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 WREKIN VIEW?

WREKIN VIEW is located on RED LEES in TELFORD, in the TF1 postcode district. The below map shows the position of WREKIN VIEW on RED LEES.