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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 MONET CLOSE is a large extended detached house of 130m², built sometime between 1991 and 1995. It was last sold for £330,000 in July 2023, which was around 5% 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	£346,683	5% below HPI
2003 18 AUG	£183,500	£168,938	9% above HPI
1997 27 MAR	£87,500	£74,619	17% 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 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the July 2023 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

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 in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 8 MONET CLOSE lies on this distribution: 71% of detached 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.