15, OLEANDER CLOSE, THE ROCK, TELFORD, TF3 5EF - £119,000

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 OLEANDER CLOSE is a very small semi-detached house of 54m², built sometime between 1983 and 1990, which could now be worth an estimated £178,429. It was last sold for £119,000 in July 2017, which was around 11% below the average July 2017 semi-detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

15 OLEANDER CLOSE Sold Prices

Land registry data shows four sales for 15 OLEANDER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the four 15 OLEANDER 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
2017 14 JUL	£119,000	£133,611	11% below HPI
2005 30 SEP	£108,000	£114,799	6% below HPI
2003 14 NOV	£84,000	£92,334	9% below HPI
1998 9 OCT	£41,949	£42,884	2% below HPI

15 OLEANDER 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 four 15 OLEANDER CLOSE sales between October 1998 and July 2017 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 September 2005 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2017 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 15 OLEANDER CLOSE be worth now?

15 OLEANDER CLOSE might now be worth an estimated £178,429.

This is based on house price inflation of 49.9%, between July 2017 and December 2024, 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 49.9% inflationary increase is applied to the most recent sale price for 15 OLEANDER CLOSE of £119,000 on 14th July 2017. For the value to have increased from £119,000 to £178,429 over the six years and seven months to December 2024, the following assumptions must hold true:

• The value of 15 OLEANDER CLOSE has moved in line with the HPI for semi-detached houses in the Telford and Wrekin local authority area.
• The July 2017 sale price of £119,000 represented a fair market value for the property.
• The size, condition, and specification of 15 OLEANDER CLOSE has not materially changed since July 2017.

How Large is 15 OLEANDER CLOSE?

15 OLEANDER CLOSE is 54m² according to the EPC inspection conducted in April 2017. 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 15 OLEANDER CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 15 OLEANDER CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Telford.

15 OLEANDER CLOSE: Plot and Title Map

15 OLEANDER CLOSE sits on a plot of roughly 0.044 of an acre, or 180m². The below map shows the location of 15 OLEANDER 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 OLEANDER 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 OLEANDER CLOSE?

15 OLEANDER CLOSE is located in THE ROCK, in the TF3 postcode district. The below map shows the position of No. 15 on OLEANDER CLOSE.