24, ALDER MEAD CLOSE, ADMASTON, TELFORD, TF5 0DD - £525,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

24 ALDER MEAD CLOSE is a very large detached house of 221m², built sometime between 1983 and 1990, which could now be worth an estimated £785,696. It was last sold for £525,000 in April 2008, which was around 129% above the average April 2008 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

24 ALDER MEAD CLOSE Sold Prices

Land registry data shows two sales for 24 ALDER MEAD 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 24 ALDER MEAD 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
2008 18 APR	£525,000	£229,642	129% above HPI
2003 25 JUL	£350,000	£165,108	112% above HPI

24 ALDER MEAD 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 24 ALDER MEAD CLOSE sales from July 2003 and April 2008 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 July 2003 sale was for 112% above the HPI. So the extrapolation line tracks at 112% above the HPI over time, until the April 2008 sale, where it rises to 129% above the HPI. The line then continues to track at 129% above the HPI.

What might 24 ALDER MEAD CLOSE be worth now?

24 ALDER MEAD CLOSE might now be worth an estimated £785,696.

This is based on house price inflation of 49.7%, between April 2008 and December 2024, for detached houses, in the Telford and Wrekin local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 49.7% inflationary increase is applied to the most recent sale price for 24 ALDER MEAD CLOSE of £525,000 on 18th April 2008. For the value to have increased from £525,000 to £785,696 over the fifteen years and four months to December 2024, the following assumptions must hold true:

• The value of 24 ALDER MEAD CLOSE has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The April 2008 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 24 ALDER MEAD CLOSE has not materially changed since April 2008.

How Large is 24 ALDER MEAD CLOSE?

24 ALDER MEAD CLOSE is 221m² according to the EPC inspection conducted in July 2010. This puts it in the largest 10% of detached houses houses in Telford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Telford, and where 24 ALDER MEAD CLOSE lies on this distribution: 98% of detached houses houses are smaller than 24 ALDER MEAD CLOSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Telford.

24 ALDER MEAD CLOSE: Plot and Title Map

24 ALDER MEAD CLOSE sits on a plot of roughly 0.362 of an acre, or 1,466m². The below map shows the location of 24 ALDER MEAD 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 24 ALDER MEAD 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 24 ALDER MEAD CLOSE?

24 ALDER MEAD CLOSE is located in ADMASTON, in the TF5 postcode district. The below map shows the position of No. 24 on ALDER MEAD CLOSE.