38, CHANCERY PARK, PRIORSLEE, TELFORD, TF2 9GP - £257,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

38 CHANCERY PARK is a very large extended detached house of 161m², built sometime between 1996 and 2002, which could now be worth an estimated £394,220. It was last sold for £257,000 in March 2016, which was around 15% above the average March 2016 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was C.

38 CHANCERY PARK Sold Prices

Land registry data shows two sales for 38 CHANCERY PARK 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 38 CHANCERY PARK 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
2016 30 MAR	£257,000	£224,048	15% above HPI
2001 3 AUG	£136,000	£108,429	25% above HPI

38 CHANCERY PARK 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 38 CHANCERY PARK sales from August 2001 and March 2016 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 2001 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the March 2016 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 38 CHANCERY PARK be worth now?

38 CHANCERY PARK might now be worth an estimated £394,220.

This is based on house price inflation of 53.4%, between March 2016 and December 2024, 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 53.4% inflationary increase is applied to the most recent sale price for 38 CHANCERY PARK of £257,000 on 30th March 2016. For the value to have increased from £257,000 to £394,220 over the seven years and three months to December 2024, the following assumptions must hold true:

• The value of 38 CHANCERY PARK has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The March 2016 sale price of £257,000 represented a fair market value for the property.
• The size, condition, and specification of 38 CHANCERY PARK has not materially changed since March 2016.

How Large is 38 CHANCERY PARK?

38 CHANCERY PARK is 161m², which includes two extensions, according to the EPC inspection conducted in November 2015. This puts it in the largest 20% of detached houses houses in Telford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Telford, and where 38 CHANCERY PARK lies on this distribution: 89% of detached houses houses are smaller than 38 CHANCERY PARK, and 11% of houses are larger. Note that EPC data is not available for all properties in Telford.

38 CHANCERY PARK: Plot and Title Map

38 CHANCERY PARK sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 38 CHANCERY PARK, 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 38 CHANCERY PARK). 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 38 CHANCERY PARK?

38 CHANCERY PARK is located in PRIORSLEE, in the TF2 postcode district. The below map shows the position of No. 38 on CHANCERY PARK.