2, WOOD CLOSE, TELFORD, TF2 7LU - £262,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 WOOD CLOSE is a very small detached house of 67m², built sometime between 1991 and 1995. It was last sold for £262,000 in June 2024, which was around 26% below the average June 2024 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was B.

2 WOOD CLOSE Sold Prices

Land registry data shows two sales for 2 WOOD 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 WOOD 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
2024 21 JUN	£262,000	£355,157	26% below HPI
1999 22 NOV	£74,000	£87,455	15% below HPI

2 WOOD 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 WOOD CLOSE sales from November 1999 and June 2024 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 November 1999 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2024 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 2 WOOD CLOSE?

2 WOOD CLOSE is 67m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 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 WOOD CLOSE lies on this distribution: 4% of detached houses are smaller than 2 WOOD CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Telford.

2 WOOD CLOSE: Plot and Title Map

2 WOOD CLOSE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 2 WOOD 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 WOOD 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 WOOD CLOSE?

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