23, CHERRY TREE CLOSE, WELLINGTON, TELFORD, TF1 2HQ - £440,000

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

23 CHERRY TREE CLOSE is a very large detached house of 209m², built sometime between 2003 and 2006. It was last sold for £440,000 in August 2024, which was around 21% above the average August 2024 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

23 CHERRY TREE CLOSE Sold Prices

Land registry data shows three sales for 23 CHERRY TREE 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 23 CHERRY TREE 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
2024 21 AUG	£440,000	£364,586	21% above HPI
2021 24 SEP	£495,000	£300,819	65% above HPI
2008 23 MAY	£369,747	£234,598	58% above HPI

23 CHERRY TREE 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 23 CHERRY TREE CLOSE sales between May 2008 and August 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 September 2021 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the August 2024 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 23 CHERRY TREE CLOSE?

23 CHERRY TREE CLOSE is 209m² according to the EPC inspection conducted in July 2020. 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 23 CHERRY TREE CLOSE lies on this distribution: 97% of detached houses are smaller than 23 CHERRY TREE CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Telford.

23 CHERRY TREE CLOSE: Plot and Title Map

23 CHERRY TREE CLOSE sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 23 CHERRY TREE 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 23 CHERRY TREE 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 23 CHERRY TREE CLOSE?

23 CHERRY TREE CLOSE is located in WELLINGTON, in the TF1 postcode district. The below map shows the position of No. 23 on CHERRY TREE CLOSE.