2 Light Lane

    2, LIGHT LANE, TELFORD, TF3 5GT

    This detached freehold property on Light Lane last sold in May 2018 for £123,500. Based on price growth in the TF3 district since then, its estimated current value is £164,648 — placing it in the 16th percentile nationally and the 41st percentile within TF3. The property covers 50 m² (538 sq ft), giving an estimated value of £3,293 per m². The EPC rating is C, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    538 sq ft

    50 m²

    Last Sale Price

    £123,500

    May 2018

    Estimated Valuation

    £164,648

    Est. £/sq ft

    £306/sq ft

    £3,293/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2012 onwards
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialA
    Floor area538 sq ft (50 m²)
    EPC dateNov 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 May 2018

    £123,500

    27 Jun 2014

    New build

    £117,000

    Key Metrics

    Estimated valuation£164,648
    Value per sq ft / m²£306/sq ft (£3,293/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TF3 district percentile41st percentile
    National percentile16th percentile

    District Context — TF3

    TF3 covers areas in Shropshire, positioned in the west Midlands region. It is a largely rural and semi-rural postcode with a mix of village communities and agricultural character.

    Average Property Price - TF3

    £206,305

    14

    National percentile

    Average Net Household Income - TF3

    £23,209

    2

    National percentile

    10-Year Annualised Price Growth - TF3

    4.6%

    82

    National percentile

    10-Year Annualised Rent Growth - TF

    3.6%

    38

    National percentile

    View full analysis for TF3

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