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 SPAFIELD CLOSE is a large detached house of 137m², built sometime between 1991 and 1995. It was last sold for £233,000 in October 2009, which was around 15% above the average October 2009 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 1 SPAFIELD CLOSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. Both of the two 1 SPAFIELD CLOSE sales were for above 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 |
---|---|---|---|
2009 22 OCT | £233,000 | £203,336 | 15% above HPI |
1997 18 MAR | £88,000 | £74,619 | 18% above HPI |
The below graph shows the average detached house price in the Telford and Wrekin local authority area over time, sourced from the HPI. The two 1 SPAFIELD CLOSE sales from March 1997 and October 2009 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 1997 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the October 2009 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.
1 SPAFIELD CLOSE is 137m² according to the EPC inspection conducted in August 2009. This puts it in the largest 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 SPAFIELD CLOSE lies on this distribution: 77% of detached houses are smaller than 1 SPAFIELD CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Telford.
1 SPAFIELD CLOSE sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 1 SPAFIELD 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 SPAFIELD 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.
1 SPAFIELD CLOSE is located in TELFORD, in the TF5 postcode district. The below map shows the position of No. 1 on SPAFIELD CLOSE.