23, CHERRY TREE CLOSE, WELLINGTON, TELFORD, TF1 2HQ - £495,000

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

23 CHERRY TREE CLOSE is a very large detached house of 209m², built sometime between 2003 and 2006. It was last sold for £495,000 in September 2021, which was around 65% above the average September 2021 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 two sales for 23 CHERRY TREE 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 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
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 two 23 CHERRY TREE CLOSE sales from May 2008 and September 2021 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 2008 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the September 2021 sale, where it rises to 65% above the HPI. The line then continues to track at 65% 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.