7, MONET CLOSE, TELFORD, TF5 0PP - £310,000

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 MONET CLOSE is a midsized detached house of 109m², built sometime between 1991 and 1995. It was last sold for £310,000 in September 2022, which was around 8% below the average September 2022 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

7 MONET CLOSE Sold Prices

Land registry data shows four sales for 7 MONET CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. Most of the four 7 MONET 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
2022 2 SEP	£310,000	£338,613	8% below HPI
2017 6 APR	£212,500	£243,206	13% below HPI
1998 7 DEC	£79,000	£81,162	3% below HPI
1996 29 AUG	£79,000	£74,227	6% above HPI

7 MONET 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 four 7 MONET CLOSE sales between August 1996 and September 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 April 2017 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2022 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 7 MONET CLOSE?

7 MONET CLOSE is 109m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 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 MONET CLOSE lies on this distribution: 44% of detached houses are smaller than 7 MONET CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Telford.

7 MONET CLOSE: Plot and Title Map

7 MONET CLOSE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 7 MONET 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 MONET 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 MONET CLOSE?

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