25, ESSEX CHASE, PRIORSLEE, TELFORD, TF2 9ST - £224,950

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

25 ESSEX CHASE is a very small extended detached house of 84m², built sometime between 1991 and 1995. It was last sold for £224,950 in August 2018, which was around 13% below the average August 2018 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

25 ESSEX CHASE Sold Prices

Land registry data shows two sales for 25 ESSEX CHASE 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. One of the two 25 ESSEX CHASE sales was for below the average price, whilst the other was 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
2018 15 AUG	£224,950	£257,857	13% below HPI
1995 28 JUL	£72,500	£71,255	2% above HPI

25 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 two 25 ESSEX CHASE sales from July 1995 and August 2018 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 1995 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the August 2018 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 25 ESSEX CHASE?

25 ESSEX CHASE is 84m², which includes two extensions, according to the EPC inspection conducted in May 2018. This puts it in the smallest 20% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 25 ESSEX CHASE lies on this distribution: 14% of detached houses are smaller than 25 ESSEX CHASE, and 85% of houses are larger. Note that EPC data is not available for all properties in Telford.

25 ESSEX CHASE: Plot and Title Map

25 ESSEX CHASE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 25 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 25 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 25 ESSEX CHASE?

25 ESSEX CHASE is located in PRIORSLEE, in the TF2 postcode district. The below map shows the position of No. 25 on ESSEX CHASE.