7, FOREST CLOSE, TELFORD, TF5 0LA - £165,000

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.

7 FOREST CLOSE is a very small semi-detached house of 46m², built sometime between 1976 and 1982, which could now be worth an estimated £222,502. It was last sold for £165,000 in March 2019, which was around 14% above the average March 2019 semi-detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

7 FOREST CLOSE Sold Prices

Land registry data shows three sales for 7 FOREST CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the three 7 FOREST CLOSE sales were 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
2019 29 MAR	£165,000	£144,985	14% above HPI
2017 18 DEC	£155,000	£137,993	12% above HPI
2015 24 JUL	£135,000	£126,442	7% above HPI

7 FOREST CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Telford and Wrekin local authority area over time, sourced from the HPI. The three 7 FOREST CLOSE sales between July 2015 and March 2019 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 December 2017 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the March 2019 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 7 FOREST CLOSE be worth now?

7 FOREST CLOSE might now be worth an estimated £222,502.

This is based on house price inflation of 34.8%, between March 2019 and February 2025, for semi-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 34.8% inflationary increase is applied to the most recent sale price for 7 FOREST CLOSE of £165,000 on 29th March 2019. For the value to have increased from £165,000 to £222,502 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 7 FOREST CLOSE has moved in line with the HPI for semi-detached houses in the Telford and Wrekin local authority area.
• The March 2019 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 7 FOREST CLOSE has not materially changed since March 2019.

How Large is 7 FOREST CLOSE?

7 FOREST CLOSE is 46m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% of semi-detached houses houses in Telford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Telford, and where 7 FOREST CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 7 FOREST CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Telford.

7 FOREST CLOSE: Plot and Title Map

7 FOREST CLOSE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 7 FOREST 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 7 FOREST 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 7 FOREST CLOSE?

7 FOREST CLOSE is located in TELFORD, in the TF5 postcode district. The below map shows the position of No. 7 on FOREST CLOSE.