8, RIPLEY CLOSE, LEEGOMERY, TELFORD, TF1 6YY - £180,000

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 RIPLEY CLOSE is a very small detached house of 86m², built sometime between 1983 and 1990. It was last sold for £180,000 in July 2020, which was around 31% below the average July 2020 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

8 RIPLEY CLOSE Sold Prices

Land registry data shows three sales for 8 RIPLEY 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 RIPLEY 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 8 JUL	£180,000	£260,911	31% below HPI
2017 15 DEC	£156,500	£247,722	37% below HPI
2004 6 SEP	£132,000	£199,740	34% below HPI

8 RIPLEY 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 RIPLEY CLOSE sales between September 2004 and July 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 December 2017 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2020 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 8 RIPLEY CLOSE?

8 RIPLEY CLOSE is 86m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 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 RIPLEY CLOSE lies on this distribution: 16% of detached houses are smaller than 8 RIPLEY CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Telford.

8 RIPLEY CLOSE: Plot and Title Map

8 RIPLEY CLOSE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 8 RIPLEY 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 RIPLEY 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 RIPLEY CLOSE?

8 RIPLEY CLOSE is located in LEEGOMERY, in the TF1 postcode district. The below map shows the position of No. 8 on RIPLEY CLOSE.