15, ELY CLOSE, PRIORSLEE, TELFORD, TF2 9UW - £349,500

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

15 ELY CLOSE is a large extended detached house of 137m², built sometime between 1996 and 2002, which could now be worth an estimated £467,588. It was last sold for £349,500 in April 2019, which was around 36% above the average April 2019 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

15 ELY CLOSE Sold Prices

Land registry data shows two sales for 15 ELY CLOSE since 1^st 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 15 ELY 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
2019 18 APR	£349,500	£256,880	36% above HPI
1997 18 APR	£112,000	£72,226	55% above HPI

15 ELY 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 two 15 ELY CLOSE sales from April 1997 and April 2019 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 April 1997 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the April 2019 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 15 ELY CLOSE be worth now?

15 ELY CLOSE might now be worth an estimated £467,588.

This is based on house price inflation of 33.8%, between April 2019 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 33.8% inflationary increase is applied to the most recent sale price for 15 ELY CLOSE of £349,500 on 18th April 2019. For the value to have increased from £349,500 to £467,588 over the four years and four months to December 2024, the following assumptions must hold true:

• The value of 15 ELY CLOSE has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The April 2019 sale price of £349,500 represented a fair market value for the property.
• The size, condition, and specification of 15 ELY CLOSE has not materially changed since April 2019.

How Large is 15 ELY CLOSE?

15 ELY CLOSE is 137m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the largest 30% 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 15 ELY CLOSE lies on this distribution: 77% of detached houses houses are smaller than 15 ELY CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Telford.

15 ELY CLOSE: Plot and Title Map

15 ELY CLOSE sits on a plot of roughly 0.127 of an acre, or 514m². The below map shows the location of 15 ELY 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 15 ELY 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 15 ELY CLOSE?

15 ELY CLOSE is located in PRIORSLEE, in the TF2 postcode district. The below map shows the position of No. 15 on ELY CLOSE.