2, WALNUT CLOSE, TELFORD, TF4 3TA - £300,000

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 WALNUT CLOSE is a midsized extended detached house of 107m², built sometime between 1983 and 1990, which could now be worth an estimated £305,099. It was last sold for £300,000 in August 2022, which was around 9% below the average August 2022 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

2 WALNUT CLOSE Sold Prices

Land registry data shows three sales for 2 WALNUT 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 WALNUT 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
2022 24 AUG	£300,000	£330,352	9% below HPI
2009 11 DEC	£174,500	£205,439	15% below HPI
2007 22 MAY	£199,000	£221,811	10% below HPI

2 WALNUT 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 WALNUT CLOSE sales between May 2007 and August 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 December 2009 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2022 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 2 WALNUT CLOSE be worth now?

2 WALNUT CLOSE might now be worth an estimated £305,099.

This is based on house price inflation of 1.7%, between August 2022 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 1.7% inflationary increase is applied to the most recent sale price for 2 WALNUT CLOSE of £300,000 on 24th August 2022. For the value to have increased from £300,000 to £305,099 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 2 WALNUT CLOSE has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The August 2022 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WALNUT CLOSE has not materially changed since August 2022.

How Large is 2 WALNUT CLOSE?

2 WALNUT CLOSE is 107m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the smallest 50% 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 WALNUT CLOSE lies on this distribution: 42% of detached houses houses are smaller than 2 WALNUT CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Telford.

2 WALNUT CLOSE: Plot and Title Map

2 WALNUT CLOSE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 2 WALNUT 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 WALNUT 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 WALNUT CLOSE?

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