2, PARSONS CLOSE, TELFORD, TF2 8NB - £210,000

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 PARSONS CLOSE is a midsized semi-detached house of 110m², which could now be worth an estimated £262,677. It was last sold for £210,000 in December 2020, which was around 34% above the average December 2020 semi-detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was August 2012, where the current energy rating was B, and the potential energy rating was B.

2 PARSONS CLOSE Sold Prices

Land registry data shows two sales for 2 PARSONS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Telford and Wrekin local authority area for the corresponding sale date. Both of the two 2 PARSONS CLOSE sales 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
2020 18 DEC	£210,000	£156,304	34% above HPI
2012 14 DEC	£169,999	£113,355	50% above HPI

2 PARSONS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Telford and Wrekin local authority area over time, sourced from the HPI. The two 2 PARSONS CLOSE sales from December 2012 and December 2020 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 December 2012 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the December 2020 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 2 PARSONS CLOSE be worth now?

2 PARSONS CLOSE might now be worth an estimated £262,677.

This is based on house price inflation of 25.1%, between December 2020 and February 2025, for semi-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 25.1% inflationary increase is applied to the most recent sale price for 2 PARSONS CLOSE of £210,000 on 18th December 2020. For the value to have increased from £210,000 to £262,677 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 PARSONS CLOSE has moved in line with the HPI for semi-detached houses in the Telford and Wrekin local authority area.
• The December 2020 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PARSONS CLOSE has not materially changed since December 2020.

How Large is 2 PARSONS CLOSE?

2 PARSONS CLOSE is 110m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 50% of semi-detached houses houses in Telford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Telford, and where 2 PARSONS CLOSE lies on this distribution: 45% of semi-detached houses houses are smaller than 2 PARSONS CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Telford.

2 PARSONS CLOSE: Plot and Title Map

2 PARSONS CLOSE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 2 PARSONS 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 PARSONS 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 PARSONS CLOSE?

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