6, MAGNA CLOSE, DAWLEY, TELFORD, TF4 3NT - £258,000

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

6 MAGNA CLOSE is a very small detached house of 86m², built sometime between 1967 and 1975. It was last sold for £258,000 in November 2020, which was around 9% below the average November 2020 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

6 MAGNA CLOSE Sold Prices

Land registry data shows two sales for 6 MAGNA 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 6 MAGNA 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 16 NOV	£258,000	£282,015	9% below HPI
2014 29 AUG	£140,000	£216,417	35% below HPI

6 MAGNA 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 6 MAGNA CLOSE sales from August 2014 and November 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 2014 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2020 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 6 MAGNA CLOSE?

6 MAGNA CLOSE is 86m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 6 MAGNA CLOSE lies on this distribution: 16% of detached houses are smaller than 6 MAGNA CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Telford.

6 MAGNA CLOSE: Plot and Title Map

6 MAGNA CLOSE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 6 MAGNA 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 6 MAGNA 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 6 MAGNA CLOSE?

6 MAGNA CLOSE is located in DAWLEY, in the TF4 postcode district. The below map shows the position of No. 6 on MAGNA CLOSE.