6, SOVEREIGN CLOSE, TELFORD, TF4 3RY - £140,000

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 SOVEREIGN CLOSE is a small extended detached house of 93m², built sometime between 1983 and 1990. It was last sold for £140,000 in April 2007, which was around 37% below the average April 2007 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was April 2020, where the current energy rating was D, and the potential energy rating was C.

6 SOVEREIGN CLOSE Sold Prices

Land registry data shows three sales for 6 SOVEREIGN 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. All of the three 6 SOVEREIGN 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
2007 3 APR	£140,000	£222,721	37% below HPI
2002 6 SEP	£96,500	£142,532	32% below HPI
1995 1 DEC	£46,000	£70,565	35% below HPI

6 SOVEREIGN 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 6 SOVEREIGN CLOSE sales between December 1995 and April 2007 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 September 2002 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the April 2007 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 6 SOVEREIGN CLOSE?

6 SOVEREIGN CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in April 2020. This puts it in the smallest 30% 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 SOVEREIGN CLOSE lies on this distribution: 24% of detached houses are smaller than 6 SOVEREIGN CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Telford.

6 SOVEREIGN CLOSE: Plot and Title Map

6 SOVEREIGN CLOSE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 6 SOVEREIGN 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 SOVEREIGN 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 SOVEREIGN CLOSE?

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