7, MONASTERY CLOSE, LAWLEY VILLAGE, TELFORD, TF4 2GP - £325,000

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

7 MONASTERY CLOSE is a midsized detached house of 115m². It was last sold for £325,000 in April 2022, which was around 2% above the average April 2022 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

7 MONASTERY CLOSE Sold Prices

Land registry data shows three sales for 7 MONASTERY 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. Two of the three 7 MONASTERY CLOSE sales were for above the average price, whilst one was 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
2022 1 APR	£325,000	£318,213	2% above HPI
2019 10 DEC	£240,000	£267,083	10% below HPI
2016 16 JUN	£233,000	£231,252	1% above HPI

7 MONASTERY 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 7 MONASTERY CLOSE sales between June 2016 and April 2022 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 2019 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the April 2022 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 7 MONASTERY CLOSE?

7 MONASTERY CLOSE is 115m² according to the EPC inspection conducted in March 2016. 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 7 MONASTERY CLOSE lies on this distribution: 53% of detached houses are smaller than 7 MONASTERY CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Telford.

7 MONASTERY CLOSE: Plot and Title Map

7 MONASTERY CLOSE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 7 MONASTERY 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 MONASTERY 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 MONASTERY CLOSE?

7 MONASTERY CLOSE is located in LAWLEY VILLAGE, in the TF4 postcode district. The below map shows the position of No. 7 on MONASTERY CLOSE.