23, ESSEX CHASE, PRIORSLEE, TELFORD, TF2 9ST - £91,000

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 ESSEX CHASE is a midsized extended detached house of 109m², built sometime between 1996 and 2002. It was last sold for £91,000 in October 1999, which was around 3% above the average October 1999 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was C.

23 ESSEX CHASE Sold Prices

Land registry data shows four sales for 23 ESSEX CHASE 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 23 ESSEX CHASE 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
1999 18 OCT	£91,000	£87,964	3% above HPI
1998 13 MAR	£86,250	£78,433	10% above HPI
1997 16 MAY	£85,000	£74,042	15% above HPI
1995 1 SEP	£80,000	£69,605	15% above HPI

23 ESSEX CHASE 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 23 ESSEX CHASE sales between September 1995 and October 1999 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 March 1998 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the October 1999 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 23 ESSEX CHASE?

23 ESSEX CHASE is 109m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 50% 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 ESSEX CHASE lies on this distribution: 44% of detached houses are smaller than 23 ESSEX CHASE, and 55% of houses are larger. Note that EPC data is not available for all properties in Telford.

23 ESSEX CHASE: Plot and Title Map

23 ESSEX CHASE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 23 ESSEX CHASE, 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 ESSEX CHASE). 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 ESSEX CHASE?

23 ESSEX CHASE is located in PRIORSLEE, in the TF2 postcode district. The below map shows the position of No. 23 on ESSEX CHASE.