8, PADDINGTON CLOSE, PRIORSLEE, TELFORD, TF2 9WF - £280,500

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 PADDINGTON CLOSE is a small detached house of 94m². It was last sold for £280,500 in July 2022, which was around 15% below the average July 2022 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was March 2019, where the current energy rating was B, and the potential energy rating was A.

8 PADDINGTON CLOSE Sold Prices

Land registry data shows two sales for 8 PADDINGTON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. Both of the two 8 PADDINGTON 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
2022 13 JUL	£280,500	£330,530	15% below HPI
2019 18 APR	£248,950	£260,335	4% below HPI

8 PADDINGTON 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 two 8 PADDINGTON CLOSE sales from April 2019 and July 2022 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 April 2019 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2022 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 8 PADDINGTON CLOSE?

8 PADDINGTON CLOSE is 94m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 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 PADDINGTON CLOSE lies on this distribution: 25% of detached houses are smaller than 8 PADDINGTON CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Telford.

8 PADDINGTON CLOSE: Plot and Title Map

8 PADDINGTON CLOSE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 8 PADDINGTON 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 PADDINGTON 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 PADDINGTON CLOSE?

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