8, MEDLAR CLOSE, THE ROCK, TELFORD, TF3 5EB - £197,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 MEDLAR CLOSE is a small extended detached house of 102m², built sometime between 1983 and 1990, which could now be worth an estimated £257,167. It was last sold for £197,000 in January 2020, which was around 25% below the average January 2020 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

8 MEDLAR CLOSE Sold Prices

Land registry data shows five sales for 8 MEDLAR CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the five 8 MEDLAR 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
2020 3 JAN	£197,000	£263,268	25% below HPI
2014 20 FEB	£146,000	£203,223	28% below HPI
2005 14 APR	£100,000	£192,937	48% below HPI
2000 20 MAR	£72,500	£88,803	18% below HPI
2000 17 MAR	£77,000	£88,803	13% below HPI

8 MEDLAR 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 five 8 MEDLAR CLOSE sales between March 2000 and January 2020 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 February 2014 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the January 2020 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 8 MEDLAR CLOSE be worth now?

8 MEDLAR CLOSE might now be worth an estimated £257,167.

This is based on house price inflation of 30.5%, between January 2020 and December 2024, for detached houses, in the Telford and Wrekin local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.5% inflationary increase is applied to the most recent sale price for 8 MEDLAR CLOSE of £197,000 on 3rd January 2020. For the value to have increased from £197,000 to £257,167 over the three years and one month to December 2024, the following assumptions must hold true:

• The value of 8 MEDLAR CLOSE has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The January 2020 sale price of £197,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MEDLAR CLOSE has not materially changed since January 2020.

How Large is 8 MEDLAR CLOSE?

8 MEDLAR CLOSE is 102m², which includes one extension, according to the EPC inspection conducted in January 2013. This puts it in the smallest 40% of detached houses houses in Telford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Telford, and where 8 MEDLAR CLOSE lies on this distribution: 36% of detached houses houses are smaller than 8 MEDLAR CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Telford.

8 MEDLAR CLOSE: Plot and Title Map

8 MEDLAR CLOSE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 8 MEDLAR 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 8 MEDLAR 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 8 MEDLAR CLOSE?

8 MEDLAR CLOSE is located in THE ROCK, in the TF3 postcode district. The below map shows the position of No. 8 on MEDLAR CLOSE.