8, SIMON CLOSE, WELLINGTON, TELFORD, TF1 1QY - £250,000

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 SIMON CLOSE is a midsized extended detached house of 120m², built sometime between 1967 and 1975. It was last sold for £250,000 in October 2017, which was about the average October 2017 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

8 SIMON CLOSE Sold Prices

Land registry data shows three sales for 8 SIMON 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. The three 8 SIMON CLOSE sales were a mix of roughly equal to the average price, above the average price, and 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
2017 20 OCT	£250,000	£249,267	Close to HPI
2006 27 OCT	£221,000	£218,359	1% above HPI
1995 15 DEC	£56,000	£70,565	21% below HPI

8 SIMON 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 SIMON CLOSE sales between December 1995 and October 2017 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 October 2006 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the October 2017 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 8 SIMON CLOSE?

8 SIMON CLOSE is 120m², which includes three extensions, according to the EPC inspection conducted in April 2017. This puts it in the largest 40% 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 SIMON CLOSE lies on this distribution: 60% of detached houses are smaller than 8 SIMON CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Telford.

8 SIMON CLOSE: Plot and Title Map

8 SIMON CLOSE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 8 SIMON 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 SIMON 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 SIMON CLOSE?

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