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 OXLIP CLOSE is a midsized extended detached house of 119m², built sometime between 1991 and 1995. It was last sold for £341,250 in December 2021, which was around 9% above the average December 2021 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 7 OXLIP CLOSE since 1st 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 7 OXLIP 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 |
---|---|---|---|
2021 15 DEC | £341,250 | £313,150 | 9% above HPI |
2011 15 DEC | £218,000 | £204,885 | 6% above HPI |
1996 19 JUL | £94,995 | £72,596 | 31% above HPI |
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 OXLIP CLOSE sales between July 1996 and December 2021 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 2011 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the December 2021 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.
7 OXLIP CLOSE is 119m², which includes one extension, according to the EPC inspection conducted in August 2021. 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 OXLIP CLOSE lies on this distribution: 58% of detached houses are smaller than 7 OXLIP CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Telford.
7 OXLIP CLOSE sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 7 OXLIP 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 OXLIP 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.
7 OXLIP CLOSE is located in MUXTON, in the TF2 postcode district. The below map shows the position of No. 7 on OXLIP CLOSE.