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
22 ORMSDALE CLOSE is a small detached house of 101m², built sometime between 1991 and 1995. It was last sold for £185,000 in March 2018, which was around 24% below the average March 2018 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 22 ORMSDALE CLOSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the five 22 ORMSDALE 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 |
---|---|---|---|
2018 29 MAR | £185,000 | £243,098 | 24% below HPI |
2017 19 MAY | £185,000 | £239,054 | 23% below HPI |
2007 1 JUN | £183,000 | £223,309 | 18% below HPI |
2004 4 MAR | £135,000 | £180,731 | 25% below HPI |
1997 27 JUN | £64,000 | £74,981 | 15% below HPI |
The below graph shows the average detached house price in the Telford and Wrekin local authority area over time, sourced from the HPI. The five 22 ORMSDALE CLOSE sales between June 1997 and March 2018 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 2017 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2018 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.
22 ORMSDALE CLOSE is 101m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 40% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 22 ORMSDALE CLOSE lies on this distribution: 34% of detached houses are smaller than 22 ORMSDALE CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Telford.
22 ORMSDALE CLOSE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 22 ORMSDALE 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 22 ORMSDALE 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.
22 ORMSDALE CLOSE is located in MUXTON, in the TF2 postcode district. The below map shows the position of No. 22 on ORMSDALE CLOSE.