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 PASMORE CLOSE is a very small detached house of 74m², built sometime between 1976 and 1982. It was last sold for £134,950 in May 2004, which was around 26% below the average May 2004 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was January 2012, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows three sales for 7 PASMORE 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 PASMORE 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 |
---|---|---|---|
2004 21 MAY | £134,950 | £181,633 | 26% below HPI |
1998 23 MAR | £54,000 | £78,433 | 31% below HPI |
1996 27 SEP | £51,000 | £75,505 | 32% below 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 PASMORE CLOSE sales between September 1996 and May 2004 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 March 1998 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2004 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.
7 PASMORE CLOSE is 74m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 10% 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 PASMORE CLOSE lies on this distribution: 8% of detached houses are smaller than 7 PASMORE CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Telford.
7 PASMORE CLOSE sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 7 PASMORE 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 PASMORE 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 PASMORE CLOSE is located in TELFORD, in the TF3 postcode district. The below map shows the position of No. 7 on PASMORE CLOSE.