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
19 MEDLAR CLOSE is a small detached house of 98m², built sometime between 1983 and 1990. It was last sold for £180,000 in August 2016, which was around 23% below the average August 2016 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 19 MEDLAR CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the three 19 MEDLAR 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 |
---|---|---|---|
2016 4 AUG | £180,000 | £233,142 | 23% below HPI |
2014 28 APR | £167,500 | £211,562 | 21% below HPI |
1996 15 NOV | £59,500 | £73,850 | 19% below 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 three 19 MEDLAR CLOSE sales between November 1996 and August 2016 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 2014 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2016 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.
19 MEDLAR CLOSE is 98m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 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 19 MEDLAR CLOSE lies on this distribution: 30% of detached houses are smaller than 19 MEDLAR CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Telford.
19 MEDLAR CLOSE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 19 MEDLAR 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 19 MEDLAR 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.
19 MEDLAR CLOSE is located in THE ROCK, in the TF3 postcode district. The below map shows the position of No. 19 on MEDLAR CLOSE.