1, SIMON CLOSE, WELLINGTON, TELFORD, TF1 1QY - £260,000

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 SIMON CLOSE is a very small detached house of 74m², built sometime between 1950 and 1966. It was last sold for £260,000 in November 2023, which was around 24% below the average November 2023 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.

1 SIMON CLOSE Sold Prices

Land registry data shows three sales for 1 SIMON 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 SIMON 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
2023 13 NOV	£260,000	£341,531	24% below HPI
2015 6 MAR	£150,000	£214,252	30% below HPI
1998 30 OCT	£63,000	£82,202	23% below HPI

1 SIMON 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 SIMON CLOSE sales between October 1998 and November 2023 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 March 2015 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2023 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 1 SIMON CLOSE?

1 SIMON CLOSE is 74m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 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 1 SIMON CLOSE lies on this distribution: 8% of detached houses are smaller than 1 SIMON CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Telford.

1 SIMON CLOSE: Plot and Title Map

1 SIMON CLOSE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 1 SIMON 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 SIMON 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 SIMON CLOSE?

1 SIMON CLOSE is located in WELLINGTON, in the TF1 postcode district. The below map shows the position of No. 1 on SIMON CLOSE.