8, MONET CLOSE, TELFORD, TF5 0PP - £330,000

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 MONET CLOSE is a large extended detached house of 130m², built sometime between 1991 and 1995, which could now be worth an estimated £331,536. It was last sold for £330,000 in July 2023, which was around 4% below the average July 2023 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

8 MONET CLOSE Sold Prices

Land registry data shows three sales for 8 MONET CLOSE since 1^st 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. One of the three 8 MONET CLOSE sales was for below the average price, whilst two 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
2023 25 JUL	£330,000	£342,082	4% below HPI
2003 18 AUG	£183,500	£166,696	10% above HPI
1997 27 MAR	£87,500	£73,629	19% above HPI

8 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 three 8 MONET CLOSE sales between March 1997 and July 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 August 2003 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the July 2023 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 8 MONET CLOSE be worth now?

8 MONET CLOSE might now be worth an estimated £331,536.

This is based on house price inflation of 0.5%, between July 2023 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 0.5% inflationary increase is applied to the most recent sale price for 8 MONET CLOSE of £330,000 on 25th July 2023. For the value to have increased from £330,000 to £331,536 over the seven months to December 2024, the following assumptions must hold true:

• The value of 8 MONET CLOSE has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The July 2023 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MONET CLOSE has not materially changed since July 2023.

How Large is 8 MONET CLOSE?

8 MONET CLOSE is 130m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the largest 30% 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 MONET CLOSE lies on this distribution: 71% of detached houses houses are smaller than 8 MONET CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Telford.

8 MONET CLOSE: Plot and Title Map

8 MONET CLOSE sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 8 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 8 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 8 MONET CLOSE?

8 MONET CLOSE is located in TELFORD, in the TF5 postcode district. The below map shows the position of No. 8 on MONET CLOSE.