3, ELY CLOSE, PRIORSLEE, TELFORD, TF2 9UW - £245,000

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

3 ELY CLOSE is a midsized detached house of 107m², built sometime between 1996 and 2002. It was last sold for £245,000 in June 2014, which was around 15% above the average June 2014 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

3 ELY CLOSE Sold Prices

Land registry data shows two sales for 3 ELY 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 3 ELY 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
2014 6 JUN	£245,000	£213,635	15% above HPI
1997 15 AUG	£105,000	£77,641	35% above HPI

3 ELY 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 3 ELY CLOSE sales from August 1997 and June 2014 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 1997 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the June 2014 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 3 ELY CLOSE?

3 ELY CLOSE is 107m² according to the EPC inspection conducted in July 2013. 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 3 ELY CLOSE lies on this distribution: 42% of detached houses are smaller than 3 ELY CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Telford.

3 ELY CLOSE: Plot and Title Map

3 ELY CLOSE sits on a plot of roughly 0.175 of an acre, or 708m². The below map shows the location of 3 ELY 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 3 ELY 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 3 ELY CLOSE?

3 ELY CLOSE is located in PRIORSLEE, in the TF2 postcode district. The below map shows the position of No. 3 on ELY CLOSE.