24, ESSEX CHASE, PRIORSLEE, TELFORD, TF2 9ST - £250,000

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 ESSEX CHASE is a very large detached house of 151m², built sometime between 1983 and 1990, which could now be worth an estimated £430,339. It was last sold for £250,000 in May 2013, which was around 25% above the average May 2013 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.

24 ESSEX CHASE Sold Prices

Land registry data shows three sales for 24 ESSEX CHASE 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 24 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
2013 31 MAY	£250,000	£199,653	25% above HPI
2004 4 AUG	£238,000	£194,755	22% above HPI
1995 10 NOV	£106,000	£68,714	54% above HPI

24 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 three 24 ESSEX CHASE sales between November 1995 and May 2013 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 August 2004 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the May 2013 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 24 ESSEX CHASE be worth now?

24 ESSEX CHASE might now be worth an estimated £430,339.

This is based on house price inflation of 72.1%, between May 2013 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 72.1% inflationary increase is applied to the most recent sale price for 24 ESSEX CHASE of £250,000 on 31st May 2013. For the value to have increased from £250,000 to £430,339 over the ten years and five months to December 2024, the following assumptions must hold true:

• The value of 24 ESSEX CHASE has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The May 2013 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 24 ESSEX CHASE has not materially changed since May 2013.

How Large is 24 ESSEX CHASE?

24 ESSEX CHASE is 151m² according to the EPC inspection conducted in March 2013. This puts it in the largest 20% 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 ESSEX CHASE lies on this distribution: 85% of detached houses houses are smaller than 24 ESSEX CHASE, and 15% of houses are larger. Note that EPC data is not available for all properties in Telford.

24 ESSEX CHASE: Plot and Title Map

24 ESSEX CHASE sits on a plot of roughly 0.163 of an acre, or 659m². The below map shows the location of 24 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 24 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 24 ESSEX CHASE?

24 ESSEX CHASE is located in PRIORSLEE, in the TF2 postcode district. The below map shows the position of No. 24 on ESSEX CHASE.