Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
5 RIPLEY CLOSE is a very small detached house of 66m², built sometime between 1991 and 1995. It was last sold for £132,500 in August 2010, which was around 38% below the average August 2010 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 5 RIPLEY CLOSE since 1st 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. All of the three 5 RIPLEY 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 |
---|---|---|---|
2010 12 AUG | £132,500 | £213,811 | 38% below HPI |
2003 22 AUG | £115,500 | £168,938 | 32% below HPI |
1999 1 FEB | £54,500 | £81,290 | 33% below HPI |
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 RIPLEY CLOSE sales between February 1999 and August 2010 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 2003 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2010 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.
5 RIPLEY CLOSE is 66m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% 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 RIPLEY CLOSE lies on this distribution: 4% of detached houses are smaller than 5 RIPLEY CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Telford.
5 RIPLEY CLOSE sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 5 RIPLEY 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 RIPLEY 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.
5 RIPLEY CLOSE is located in LEEGOMERY, in the TF1 postcode district. The below map shows the position of No. 5 on RIPLEY CLOSE.