1, MAGNA CLOSE, DAWLEY, TELFORD, TF4 3NT - £240,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 MAGNA CLOSE is a midsized extended detached house of 116m², built sometime between 1976 and 1982, which could now be worth an estimated £280,230. It was last sold for £240,000 in June 2021, which was around 18% below the average June 2021 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was B.

1 MAGNA CLOSE Sold Prices

Land registry data shows four sales for 1 MAGNA CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the four 1 MAGNA CLOSE 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
2021 25 JUN	£240,000	£294,336	18% below HPI
2013 31 MAY	£150,000	£199,653	25% below HPI
2007 3 DEC	£153,500	£227,875	33% below HPI
2007 18 SEP	£141,500	£230,141	39% below HPI

1 MAGNA CLOSE 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 four 1 MAGNA CLOSE sales between September 2007 and June 2021 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 May 2013 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 1 MAGNA CLOSE be worth now?

1 MAGNA CLOSE might now be worth an estimated £280,230.

This is based on house price inflation of 16.8%, between June 2021 and December 2024, for detached houses, in the Telford and Wrekin local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.8% inflationary increase is applied to the most recent sale price for 1 MAGNA CLOSE of £240,000 on 25th June 2021. For the value to have increased from £240,000 to £280,230 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of 1 MAGNA CLOSE has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The June 2021 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MAGNA CLOSE has not materially changed since June 2021.

How Large is 1 MAGNA CLOSE?

1 MAGNA CLOSE is 116m², which includes one extension, according to the EPC inspection conducted in December 2020. This puts it in the largest 50% of detached houses houses in Telford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Telford, and where 1 MAGNA CLOSE lies on this distribution: 54% of detached houses houses are smaller than 1 MAGNA CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Telford.

1 MAGNA CLOSE: Plot and Title Map

1 MAGNA CLOSE sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 1 MAGNA CLOSE, 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 1 MAGNA CLOSE). 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 1 MAGNA CLOSE?

1 MAGNA CLOSE is located in DAWLEY, in the TF4 postcode district. The below map shows the position of No. 1 on MAGNA CLOSE.