1, OLEANDER CLOSE, THE ROCK, TELFORD, TF3 5EF - £142,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 OLEANDER CLOSE is a small extended detached house of 92m², built sometime between 1983 and 1990. It was last sold for £142,000 in February 2012, which was around 30% below the average February 2012 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

1 OLEANDER CLOSE Sold Prices

Land registry data shows three sales for 1 OLEANDER CLOSE 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 1 OLEANDER 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
2012 16 FEB	£142,000	£202,504	30% below HPI
2001 30 MAY	£71,000	£104,627	32% below HPI
1997 26 SEP	£51,950	£78,242	34% below HPI

1 OLEANDER 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 three 1 OLEANDER CLOSE sales between September 1997 and February 2012 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 2001 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2012 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 1 OLEANDER CLOSE?

1 OLEANDER CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the smallest 30% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 1 OLEANDER CLOSE lies on this distribution: 24% of detached houses are smaller than 1 OLEANDER CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Telford.

1 OLEANDER CLOSE: Plot and Title Map

1 OLEANDER CLOSE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 1 OLEANDER 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 OLEANDER 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 OLEANDER CLOSE?

1 OLEANDER CLOSE is located in THE ROCK, in the TF3 postcode district. The below map shows the position of No. 1 on OLEANDER CLOSE.