3, LOW VALLEY CLOSE, KETLEY, TELFORD, TF1 5GE - £240,000

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 LOW VALLEY CLOSE is a very small extended detached house of 83m², built sometime between 1996 and 2002. It was last sold for £240,000 in April 2022, which was around 25% below the average April 2022 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

3 LOW VALLEY CLOSE Sold Prices

Land registry data shows two sales for 3 LOW VALLEY 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 LOW VALLEY CLOSE sales were for below 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 14 APR	£240,000	£318,213	25% below HPI
1997 28 NOV	£64,950	£78,489	17% below HPI

3 LOW VALLEY 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 LOW VALLEY CLOSE sales from November 1997 and April 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 November 1997 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the April 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 3 LOW VALLEY CLOSE?

3 LOW VALLEY CLOSE is 83m², which includes two extensions, according to the EPC inspection conducted in November 2021. 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 3 LOW VALLEY CLOSE lies on this distribution: 14% of detached houses are smaller than 3 LOW VALLEY CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Telford.

3 LOW VALLEY CLOSE: Plot and Title Map

3 LOW VALLEY CLOSE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 3 LOW VALLEY 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 LOW VALLEY 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 LOW VALLEY CLOSE?

3 LOW VALLEY CLOSE is located in KETLEY, in the TF1 postcode district. The below map shows the position of No. 3 on LOW VALLEY CLOSE.