5, PARSONS CLOSE, TELFORD, TF2 8NB - £260,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 PARSONS CLOSE is a midsized detached house of 119m². It was last sold for £260,000 in October 2020, which was around 6% below the average October 2020 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.

5 PARSONS CLOSE Sold Prices

Land registry data shows two sales for 5 PARSONS 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 5 PARSONS 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
2020 30 OCT	£260,000	£277,745	6% below HPI
2014 26 NOV	£215,000	£223,056	4% below HPI

5 PARSONS 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 5 PARSONS CLOSE sales from November 2014 and October 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 November 2014 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2020 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 5 PARSONS CLOSE?

5 PARSONS CLOSE is 119m² according to the EPC inspection conducted in July 2013. This puts it in the largest 50% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 5 PARSONS CLOSE lies on this distribution: 58% of detached houses are smaller than 5 PARSONS CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Telford.

5 PARSONS CLOSE: Plot and Title Map

5 PARSONS CLOSE sits on a plot of roughly 0.152 of an acre, or 615m². The below map shows the location of 5 PARSONS 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 PARSONS 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 PARSONS CLOSE?

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