5, LILYVALE CLOSE, PRIORSLEE, TELFORD, TF2 9SZ - £195,000

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.

5 LILYVALE CLOSE is a very small extended detached house of 88m², built sometime between 1996 and 2002, which could now be worth an estimated £279,760. It was last sold for £195,000 in November 2016, which was around 17% below the average November 2016 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

5 LILYVALE CLOSE Sold Prices

Land registry data shows three sales for 5 LILYVALE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. Two of the three 5 LILYVALE CLOSE sales were for below the average price, whilst one was 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 4 NOV	£195,000	£234,178	17% below HPI
2016 26 AUG	£205,000	£230,048	11% below HPI
1999 5 NOV	£89,950	£86,294	4% above HPI

5 LILYVALE 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 three 5 LILYVALE CLOSE sales between November 1999 and November 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 2016 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2016 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 5 LILYVALE CLOSE be worth now?

5 LILYVALE CLOSE might now be worth an estimated £279,760.

This is based on house price inflation of 43.5%, between November 2016 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 43.5% inflationary increase is applied to the most recent sale price for 5 LILYVALE CLOSE of £195,000 on 4th November 2016. For the value to have increased from £195,000 to £279,760 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 LILYVALE CLOSE has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The November 2016 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LILYVALE CLOSE has not materially changed since November 2016.

How Large is 5 LILYVALE CLOSE?

5 LILYVALE CLOSE is 88m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 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 5 LILYVALE CLOSE lies on this distribution: 18% of detached houses houses are smaller than 5 LILYVALE CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Telford.

5 LILYVALE CLOSE: Plot and Title Map

5 LILYVALE CLOSE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 5 LILYVALE 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 5 LILYVALE 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 5 LILYVALE CLOSE?

5 LILYVALE CLOSE is located in PRIORSLEE, in the TF2 postcode district. The below map shows the position of No. 5 on LILYVALE CLOSE.