8, OXLIP CLOSE, MUXTON, TELFORD, TF2 8RT - £407,500

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

8 OXLIP CLOSE is a very large extended detached house of 154m², built sometime between 1996 and 2002. It was last sold for £407,500 in March 2024, which was around 20% above the average March 2024 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was C.

8 OXLIP CLOSE Sold Prices

Land registry data shows three sales for 8 OXLIP 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. All of the three 8 OXLIP CLOSE sales 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
2024 15 MAR	£407,500	£339,451	20% above HPI
2017 29 NOV	£291,000	£246,921	18% above HPI
1996 21 JUN	£88,500	£72,833	22% above HPI

8 OXLIP 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 OXLIP CLOSE sales between June 1996 and March 2024 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 November 2017 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the March 2024 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 8 OXLIP CLOSE?

8 OXLIP CLOSE is 154m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the largest 20% 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 OXLIP CLOSE lies on this distribution: 86% of detached houses are smaller than 8 OXLIP CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Telford.

8 OXLIP CLOSE: Plot and Title Map

8 OXLIP CLOSE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 8 OXLIP 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 OXLIP 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 OXLIP CLOSE?

8 OXLIP CLOSE is located in MUXTON, in the TF2 postcode district. The below map shows the position of No. 8 on OXLIP CLOSE.