2, ARALIA CLOSE, PRIORSLEE, TELFORD, TF2 9TL - £270,000

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

2 ARALIA CLOSE is a small extended detached house of 102m², built sometime between 1996 and 2002, which could now be worth an estimated £315,259. It was last sold for £270,000 in June 2021, which was around 8% below the average June 2021 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

2 ARALIA CLOSE Sold Prices

Land registry data shows three sales for 2 ARALIA CLOSE since 1^st 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. One of the three 2 ARALIA 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
2021 4 JUN	£270,000	£294,336	8% below HPI
1998 25 AUG	£83,500	£81,210	3% above HPI
1995 26 APR	£79,950	£68,220	17% above HPI

2 ARALIA 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 three 2 ARALIA CLOSE sales between April 1995 and June 2021 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 1998 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the June 2021 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 2 ARALIA CLOSE be worth now?

2 ARALIA CLOSE might now be worth an estimated £315,259.

This is based on house price inflation of 16.8%, between June 2021 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 16.8% inflationary increase is applied to the most recent sale price for 2 ARALIA CLOSE of £270,000 on 4th June 2021. For the value to have increased from £270,000 to £315,259 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of 2 ARALIA CLOSE has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The June 2021 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ARALIA CLOSE has not materially changed since June 2021.

How Large is 2 ARALIA CLOSE?

2 ARALIA CLOSE is 102m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the smallest 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 2 ARALIA CLOSE lies on this distribution: 36% of detached houses houses are smaller than 2 ARALIA CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Telford.

2 ARALIA CLOSE: Plot and Title Map

2 ARALIA CLOSE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 2 ARALIA 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 2 ARALIA 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 2 ARALIA CLOSE?

2 ARALIA CLOSE is located in PRIORSLEE, in the TF2 postcode district. The below map shows the position of No. 2 on ARALIA CLOSE.