3, KHAN CLOSE, WELLINGTON, TELFORD, TF1 2FZ - £300,000

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 KHAN CLOSE is a midsized detached house of 111m², built in 2022. It was last sold for £300,000 in July 2022, which was around 9% below the average July 2022 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was May 2022, where the current energy rating was B, and the potential energy rating was A.

3 KHAN CLOSE Sold Prices

Land registry data shows two sales for 3 KHAN 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. One of the two 3 KHAN CLOSE 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
2022 22 JUL	£300,000	£330,530	9% below HPI
2019 30 AUG	£269,995	£256,437	5% above HPI

3 KHAN 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 KHAN CLOSE sales from August 2019 and July 2022 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 2019 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the July 2022 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 3 KHAN CLOSE?

3 KHAN CLOSE is 111m² according to the EPC inspection conducted in May 2022. 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 KHAN CLOSE lies on this distribution: 46% of detached houses are smaller than 3 KHAN CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Telford.

3 KHAN CLOSE: Plot and Title Map

3 KHAN CLOSE sits on a plot of roughly 48.1 acres, or 194,624m². The below map shows the location of 3 KHAN 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 KHAN 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 KHAN CLOSE?

3 KHAN CLOSE is located in WELLINGTON, in the TF1 postcode district. The below map shows the position of No. 3 on KHAN CLOSE.