48, Shepherds Lane
48, Shepherds Lane
Description & Estimates
Public records show 48, Shepherds Lane, Telford to be a mid-century freehold house with 2,228 ft2 of internal area, sitting on a 999 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
48, Shepherds Lane, Telford has an estimated sale value of £453,204 and an estimated rental value of £1,669 per month, assuming reasonable condition and based on the information available.
Shepherds Lane, Red Lake, Telford, TF1 lies within the TF1 postal district.
Our Data Sources
48, Shepherds Lane, Telford has 21 entries in the Land Registry , most recently in May 2015 and a single entry in the EPC database dated October 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 48, Shepherds Lane, Telford would be worth £475,864, with a potential rental value of £1,752 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £421,480, with a rental value of £1,552 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 48, Shepherds Lane, Telford has moved down by £4,244 (0.9%) over the last year. During the same period, its estimated monthly rental value has increased by £28 (1.7%). The property's estimated gross yield is currently 4.4%.
Plot Size
48, Shepherds Lane, Telford occupies a 999 m2 plot as recorded by HM Land Registry.
Of the 7 other houses in this postcode, 6 have recorded plot sizes, and this one ranks as the 3rd largest.
Energy Efficiency
48, Shepherds Lane, Telford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Oct 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas, Boiler and radiators, mains gas.
Sold Prices
48, Shepherds Lane, Telford last changed hands on 29th May 2015, selling for £274,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 79.5% since May 2015.
- Sold May 2015£274,000
- Sold Nov 2001£125,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 720 metres of 48, Shepherds Lane, Telford across the last 2 years.
Most recently, Leegates, West Road, Telford, TF2 0DJ, a freehold house, sold at £480,000 on the 1st September 2023.
Read more about house prices in TF1.
- Sold Sep 2023£480,000 | 5 Bed HouseLeegates, West Road, Telford, TF2 0DJLeegates, West Road, Telford, TF2 0DJ
- Sold Jun 2021£362,000 | 5 Bed HouseLongwood, Red Lees, Telford, TF1 5DFLongwood, Red Lees, Telford, TF1 5DF
- Sold May 2013£249,995 | 5 Bed House49, Shepherds Lane, Telford, TF1 5EF49, Shepherds Lane, Telford, TF1 5EF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 48, Shepherds Lane, Telford as the 6th largest and the 7th most expensive of the 39 addresses on Shepherds Lane, Red Lake, Telford, TF1.
Against the TF1 postcode district average, it is £213k more expensive than the typical property.
More reading links
Schools Nearby
- 600mMeadows Primary School and Nursery
- 900mWombridge Primary School
- 1.1kmNewdale Primary School & Nursery
- 1.2kmHadley Learning Community - Secondary Phase
- 2.1kmNew Road Academy
- 3.2kmErcall Wood Academy
More reading links
Public Transport Nearby
Oakengates station is the nearest stop to 48, Shepherds Lane, Telford at 1.3 kilometres away.
- 1.3kmOakengates
- 2.3kmTelford Central
- 3.3kmWellington (Shropshire)
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
