2, SHARP CLOSE, ADMASTON, TELFORD, TF5 0DZ - £490,000

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 SHARP CLOSE is a very large extended detached house of 184m², built sometime between 1996 and 2002. It was last sold for £490,000 in March 2022, which was around 54% above the average March 2022 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

2 SHARP CLOSE Sold Prices

Land registry data shows three sales for 2 SHARP 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. All of the three 2 SHARP 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
2022 4 MAR	£490,000	£317,977	54% above HPI
2006 1 FEB	£365,000	£206,027	77% above HPI
2002 25 OCT	£237,499	£147,014	62% above HPI

2 SHARP 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 SHARP CLOSE sales between October 2002 and March 2022 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 February 2006 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the March 2022 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is 2 SHARP CLOSE?

2 SHARP CLOSE is 184m², which includes three extensions, according to the EPC inspection conducted in August 2021. This puts it in the largest 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 SHARP CLOSE lies on this distribution: 94% of detached houses are smaller than 2 SHARP CLOSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Telford.

2 SHARP CLOSE: Plot and Title Map

2 SHARP CLOSE sits on a plot of roughly 0.211 of an acre, or 852m². The below map shows the location of 2 SHARP 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 SHARP 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 SHARP CLOSE?

2 SHARP CLOSE is located in ADMASTON, in the TF5 postcode district. The below map shows the position of No. 2 on SHARP CLOSE.