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 SYLVAN CLOSE is a very small detached house of 73m², built sometime between 1983 and 1990. It was last sold for £262,000 in October 2023, which was around 23% below the average October 2023 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 7 SYLVAN 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 SYLVAN 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 |
---|---|---|---|
2023 20 OCT | £262,000 | £340,864 | 23% below HPI |
2011 15 JUN | £185,000 | £208,222 | 11% below HPI |
1997 25 JUL | £62,500 | £76,536 | 18% 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 SYLVAN CLOSE sales between July 1997 and October 2023 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 June 2011 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2023 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.
7 SYLVAN CLOSE is 73m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 20% of detached houses in Lilleshall, based on EPC data. The below chart shows the distribution of detached houses by size in Lilleshall, and where 7 SYLVAN CLOSE lies on this distribution: 12% of detached houses are smaller than 7 SYLVAN CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Lilleshall.
7 SYLVAN CLOSE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 7 SYLVAN 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 SYLVAN 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 SYLVAN CLOSE is located in LILLESHALL, in the TF10 postcode district. The below map shows the position of No. 7 on SYLVAN CLOSE.