2, LAWFORD CLOSE, TELFORD, TF4 3RT - £140,000

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

2 LAWFORD CLOSE is a very small detached house of 68m², built sometime between 1976 and 1982. It was last sold for £140,000 in December 2014, which was around 37% below the average December 2014 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

2 LAWFORD CLOSE Sold Prices

Land registry data shows two sales for 2 LAWFORD 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 2 LAWFORD 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
2014 10 DEC	£140,000	£223,499	37% below HPI
2001 27 APR	£72,600	£103,171	30% below HPI

2 LAWFORD 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 2 LAWFORD CLOSE sales from April 2001 and December 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 April 2001 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2014 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 2 LAWFORD CLOSE?

2 LAWFORD CLOSE is 68m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 2 LAWFORD CLOSE lies on this distribution: 5% of detached houses are smaller than 2 LAWFORD CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Telford.

2 LAWFORD CLOSE: Plot and Title Map

2 LAWFORD CLOSE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 2 LAWFORD 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 LAWFORD 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 LAWFORD CLOSE?

2 LAWFORD CLOSE is located in TELFORD, in the TF4 postcode district. The below map shows the position of No. 2 on LAWFORD CLOSE.