21, COTTAGE FARM CLOSE, MADELEY, TELFORD, TF7 5HG - £215,000

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

21 COTTAGE FARM CLOSE is a small detached house of 96m², built sometime between 1967 and 1975. It was last sold for £215,000 in December 2020, which was around 23% below the average December 2020 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was B.

21 COTTAGE FARM CLOSE Sold Prices

Land registry data shows four sales for 21 COTTAGE FARM CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the four 21 COTTAGE FARM 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
2020 15 DEC	£215,000	£280,621	23% below HPI
2018 18 MAY	£186,000	£247,271	25% below HPI
2011 25 NOV	£156,000	£209,320	25% below HPI
1998 27 FEB	£54,000	£78,186	31% below HPI

21 COTTAGE FARM 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 four 21 COTTAGE FARM CLOSE sales between February 1998 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 May 2018 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2020 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 21 COTTAGE FARM CLOSE?

21 COTTAGE FARM CLOSE is 96m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 30% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 21 COTTAGE FARM CLOSE lies on this distribution: 28% of detached houses are smaller than 21 COTTAGE FARM CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Telford.

21 COTTAGE FARM CLOSE: Plot and Title Map

21 COTTAGE FARM CLOSE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 21 COTTAGE FARM 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 21 COTTAGE FARM 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 21 COTTAGE FARM CLOSE?

21 COTTAGE FARM CLOSE is located in MADELEY, in the TF7 postcode district. The below map shows the position of No. 21 on COTTAGE FARM CLOSE.