3, WOODRIDGE CLOSE, EDGMOND, NEWPORT, TF10 8JF - £495,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 WOODRIDGE CLOSE is a large extended detached house of 158m², built sometime between 1967 and 1975, which could now be worth an estimated £600,598. It was last sold for £495,000 in December 2020, which was around 79% above the average December 2020 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was C.

3 WOODRIDGE CLOSE Sold Prices

Land registry data shows two sales for 3 WOODRIDGE 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 WOODRIDGE 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
2020 1 DEC	£495,000	£276,897	79% above HPI
2011 28 SEP	£215,000	£205,804	4% above HPI

3 WOODRIDGE 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 WOODRIDGE CLOSE sales from September 2011 and December 2020 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 September 2011 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the December 2020 sale, where it rises to 79% above the HPI. The line then continues to track at 79% above the HPI.

What might 3 WOODRIDGE CLOSE be worth now?

3 WOODRIDGE CLOSE might now be worth an estimated £600,598.

This is based on house price inflation of 21.3%, between December 2020 and February 2025, for detached houses, in the Telford and Wrekin local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.3% inflationary increase is applied to the most recent sale price for 3 WOODRIDGE CLOSE of £495,000 on 1st December 2020. For the value to have increased from £495,000 to £600,598 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 WOODRIDGE CLOSE has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The December 2020 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WOODRIDGE CLOSE has not materially changed since December 2020.

How Large is 3 WOODRIDGE CLOSE?

3 WOODRIDGE CLOSE is 158m², which includes three extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 40% of detached houses houses in Edgmond, based on EPC data. The below chart shows the distribution of detached houses houses by size in Edgmond, and where 3 WOODRIDGE CLOSE lies on this distribution: 69% of detached houses houses are smaller than 3 WOODRIDGE CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Edgmond.

3 WOODRIDGE CLOSE: Plot and Title Map

3 WOODRIDGE CLOSE sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 3 WOODRIDGE 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 WOODRIDGE 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 WOODRIDGE CLOSE?

3 WOODRIDGE CLOSE is located in EDGMOND, in the TF10 postcode district. The below map shows the position of No. 3 on WOODRIDGE CLOSE.