2, NEW CHURCH CLOSE, WELLINGTON, TELFORD, TF1 1LE - £195,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 NEW CHURCH CLOSE is a very small detached house of 74m², built sometime between 2003 and 2006, which could now be worth an estimated £272,838. It was last sold for £195,000 in March 2017, which was around 19% below the average March 2017 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

2 NEW CHURCH CLOSE Sold Prices

Land registry data shows three sales for 2 NEW CHURCH 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. Two of the three 2 NEW CHURCH CLOSE sales were for below the average price, whilst one was 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
2017 10 MAR	£195,000	£240,119	19% below HPI
2015 20 MAR	£180,000	£211,409	15% below HPI
1999 19 NOV	£89,000	£86,294	3% above HPI

2 NEW CHURCH 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 NEW CHURCH CLOSE sales between November 1999 and March 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 March 2015 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2017 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 2 NEW CHURCH CLOSE be worth now?

2 NEW CHURCH CLOSE might now be worth an estimated £272,838.

This is based on house price inflation of 39.9%, between March 2017 and February 2025, 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 39.9% inflationary increase is applied to the most recent sale price for 2 NEW CHURCH CLOSE of £195,000 on 10th March 2017. For the value to have increased from £195,000 to £272,838 over the eight years and one month to February 2025, the following assumptions must hold true:

• The value of 2 NEW CHURCH CLOSE has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The March 2017 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NEW CHURCH CLOSE has not materially changed since March 2017.

How Large is 2 NEW CHURCH CLOSE?

2 NEW CHURCH CLOSE is 74m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% 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 NEW CHURCH CLOSE lies on this distribution: 8% of detached houses houses are smaller than 2 NEW CHURCH CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Telford.

2 NEW CHURCH CLOSE: Plot and Title Map

2 NEW CHURCH CLOSE sits on a plot of roughly 0.163 of an acre, or 661m². The below map shows the location of 2 NEW CHURCH 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 NEW CHURCH 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 NEW CHURCH CLOSE?

2 NEW CHURCH CLOSE is located in WELLINGTON, in the TF1 postcode district. The below map shows the position of No. 2 on NEW CHURCH CLOSE.