15, ESSEX CHASE, PRIORSLEE, TELFORD, TF2 9ST - £225,000

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.

15 ESSEX CHASE is a large detached house of 123m², built sometime between 1983 and 1990, which could now be worth an estimated £358,600. It was last sold for £225,000 in June 2014, which was around 7% above the average June 2014 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

15 ESSEX CHASE Sold Prices

Land registry data shows four sales for 15 ESSEX CHASE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the four 15 ESSEX CHASE 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
2014 13 JUN	£225,000	£210,799	7% above HPI
2004 4 AUG	£226,500	£194,755	16% above HPI
1998 30 OCT	£87,000	£81,111	7% above HPI
1998 9 JUN	£98,000	£78,664	25% above HPI

15 ESSEX CHASE 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 four 15 ESSEX CHASE sales between June 1998 and June 2014 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 August 2004 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the June 2014 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 15 ESSEX CHASE be worth now?

15 ESSEX CHASE might now be worth an estimated £358,600.

This is based on house price inflation of 59.4%, between June 2014 and February 2025, 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 59.4% inflationary increase is applied to the most recent sale price for 15 ESSEX CHASE of £225,000 on 13th June 2014. For the value to have increased from £225,000 to £358,600 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of 15 ESSEX CHASE has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The June 2014 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 15 ESSEX CHASE has not materially changed since June 2014.

How Large is 15 ESSEX CHASE?

15 ESSEX CHASE is 123m² according to the EPC inspection conducted in February 2014. This puts it in the largest 40% 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 ESSEX CHASE lies on this distribution: 64% of detached houses houses are smaller than 15 ESSEX CHASE, and 36% of houses are larger. Note that EPC data is not available for all properties in Telford.

15 ESSEX CHASE: Plot and Title Map

15 ESSEX CHASE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 15 ESSEX CHASE, 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 ESSEX CHASE). 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 ESSEX CHASE?

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