10, SOVEREIGN CLOSE, TELFORD, TF4 3RY - £175,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 SOVEREIGN CLOSE is a very small extended semi-detached house of 60m², built sometime between 1976 and 1982, which could now be worth an estimated £173,656. It was last sold for £175,000 in December 2022, which was around 11% below the average December 2022 semi-detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

10 SOVEREIGN CLOSE Sold Prices

Land registry data shows three sales for 10 SOVEREIGN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Telford and Wrekin local authority area for the corresponding sale date. One of the three 10 SOVEREIGN CLOSE sales was for below the average price, whilst two 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
2022 20 DEC	£175,000	£197,025	11% below HPI
2005 29 JUL	£114,995	£114,258	1% above HPI
2003 16 APR	£84,500	£83,424	1% above HPI

10 SOVEREIGN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Telford and Wrekin local authority area over time, sourced from the HPI. The three 10 SOVEREIGN CLOSE sales between April 2003 and December 2022 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 July 2005 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the December 2022 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 10 SOVEREIGN CLOSE be worth now?

10 SOVEREIGN CLOSE might now be worth an estimated £173,656.

This is based on house price deflation of 0.8%, between December 2022 and February 2025, for semi-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 0.8% deflationary decrease is applied to the most recent sale price for 10 SOVEREIGN CLOSE of £175,000 on 20th December 2022. For the value to have decreased from £175,000 to £173,656 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 10 SOVEREIGN CLOSE has moved in line with the HPI for semi-detached houses in the Telford and Wrekin local authority area.
• The December 2022 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 10 SOVEREIGN CLOSE has not materially changed since December 2022.

How Large is 10 SOVEREIGN CLOSE?

10 SOVEREIGN CLOSE is 60m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of semi-detached houses houses in Telford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Telford, and where 10 SOVEREIGN CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 10 SOVEREIGN CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Telford.

10 SOVEREIGN CLOSE: Plot and Title Map

10 SOVEREIGN CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 10 SOVEREIGN 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 10 SOVEREIGN 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 10 SOVEREIGN CLOSE?

10 SOVEREIGN CLOSE is located in TELFORD, in the TF4 postcode district. The below map shows the position of No. 10 on SOVEREIGN CLOSE.