4, TOM MORGAN CLOSE, LAWLEY VILLAGE, TELFORD, TF4 2PZ - £191,000

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.

4 TOM MORGAN CLOSE is a small extended semi-detached house of 102m², built sometime between 1996 and 2002, which could now be worth an estimated £254,734. It was last sold for £191,000 in July 2020, which was around 30% above the average July 2020 semi-detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

4 TOM MORGAN CLOSE Sold Prices

Land registry data shows three sales for 4 TOM MORGAN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the three 4 TOM MORGAN 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 24 JUL	£191,000	£146,595	30% above HPI
2008 29 AUG	£150,000	£124,543	20% above HPI
1999 28 MAY	£65,950	£44,654	48% above HPI

4 TOM MORGAN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Telford and Wrekin local authority area over time, sourced from the HPI. The three 4 TOM MORGAN CLOSE sales between May 1999 and July 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 August 2008 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the July 2020 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 4 TOM MORGAN CLOSE be worth now?

4 TOM MORGAN CLOSE might now be worth an estimated £254,734.

This is based on house price inflation of 33.4%, between July 2020 and February 2025, for semi-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 33.4% inflationary increase is applied to the most recent sale price for 4 TOM MORGAN CLOSE of £191,000 on 24th July 2020. For the value to have increased from £191,000 to £254,734 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 4 TOM MORGAN CLOSE has moved in line with the HPI for semi-detached houses in the Telford and Wrekin local authority area.
• The July 2020 sale price of £191,000 represented a fair market value for the property.
• The size, condition, and specification of 4 TOM MORGAN CLOSE has not materially changed since July 2020.

How Large is 4 TOM MORGAN CLOSE?

4 TOM MORGAN CLOSE is 102m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 40% of semi-detached houses houses in Telford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Telford, and where 4 TOM MORGAN CLOSE lies on this distribution: 36% of semi-detached houses houses are smaller than 4 TOM MORGAN CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Telford.

4 TOM MORGAN CLOSE: Plot and Title Map

4 TOM MORGAN CLOSE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 4 TOM MORGAN 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 4 TOM MORGAN 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 4 TOM MORGAN CLOSE?

4 TOM MORGAN CLOSE is located in LAWLEY VILLAGE, in the TF4 postcode district. The below map shows the position of No. 4 on TOM MORGAN CLOSE.