2, MARSH MEADOW CLOSE, TELFORD, TF1 3PZ - £240,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 MARSH MEADOW CLOSE is a large detached house of 127m², built sometime between 1991 and 1995. It was last sold for £240,000 in July 2018, which was around 5% below the average July 2018 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

2 MARSH MEADOW CLOSE Sold Prices

Land registry data shows two sales for 2 MARSH MEADOW 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 MARSH MEADOW 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
2018 27 JUL	£240,000	£251,422	5% below HPI
2014 10 OCT	£198,000	£219,104	10% below HPI

2 MARSH MEADOW 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 MARSH MEADOW CLOSE sales from October 2014 and July 2018 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 October 2014 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2018 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 2 MARSH MEADOW CLOSE?

2 MARSH MEADOW CLOSE is 127m² according to the EPC inspection conducted in February 2014. This puts it in the largest 40% 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 MARSH MEADOW CLOSE lies on this distribution: 68% of detached houses are smaller than 2 MARSH MEADOW CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Telford.

2 MARSH MEADOW CLOSE: Plot and Title Map

2 MARSH MEADOW CLOSE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 2 MARSH MEADOW 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 MARSH MEADOW 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 MARSH MEADOW CLOSE?

2 MARSH MEADOW CLOSE is located in TELFORD, in the TF1 postcode district. The below map shows the position of No. 2 on MARSH MEADOW CLOSE.