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 VIOLET CLOSE is a small detached house of 92m², built sometime between 1991 and 1995. It was last sold for £190,000 in March 2014, which was around 9% below the average March 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 C, and the potential energy rating was B.
Land registry data shows four sales for 3 VIOLET CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the four 3 VIOLET 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 |
---|---|---|---|
2014 10 MAR | £190,000 | £208,542 | 9% below HPI |
2000 24 NOV | £90,000 | £96,904 | 7% below HPI |
1999 28 MAY | £78,000 | £84,417 | 8% below HPI |
1996 29 NOV | £71,500 | £73,850 | 3% below HPI |
The below graph shows the average detached house price in the Telford and Wrekin local authority area over time, sourced from the HPI. The four 3 VIOLET CLOSE sales between November 1996 and March 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 November 2000 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2014 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.
3 VIOLET CLOSE is 92m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 30% 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 VIOLET CLOSE lies on this distribution: 23% of detached houses are smaller than 3 VIOLET CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Telford.
3 VIOLET CLOSE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 3 VIOLET 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 VIOLET 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.
3 VIOLET CLOSE is located in MUXTON, in the TF2 postcode district. The below map shows the position of No. 3 on VIOLET CLOSE.