8, SOUTHWELL CLOSE, PRIORSLEE, TELFORD, TF2 9UT - £247,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 SOUTHWELL CLOSE is a very large detached house of 168m², built sometime between 1996 and 2002, which could now be worth an estimated £402,360. It was last sold for £247,000 in August 2010, which was around 17% above the average August 2010 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was B.

8 SOUTHWELL CLOSE Sold Prices

Land registry data shows two sales for 8 SOUTHWELL 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 SOUTHWELL 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
2010 5 AUG	£247,000	£210,974	17% above HPI
1997 14 NOV	£107,000	£77,448	38% above HPI

8 SOUTHWELL 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 SOUTHWELL CLOSE sales from November 1997 and August 2010 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 1997 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the August 2010 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 8 SOUTHWELL CLOSE be worth now?

8 SOUTHWELL CLOSE might now be worth an estimated £402,360.

This is based on house price inflation of 62.9%, between August 2010 and December 2024, for detached houses, in the Telford and Wrekin local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 62.9% inflationary increase is applied to the most recent sale price for 8 SOUTHWELL CLOSE of £247,000 on 5th August 2010. For the value to have increased from £247,000 to £402,360 over the thirteen years and eight months to December 2024, the following assumptions must hold true:

• The value of 8 SOUTHWELL CLOSE has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The August 2010 sale price of £247,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SOUTHWELL CLOSE has not materially changed since August 2010.

How Large is 8 SOUTHWELL CLOSE?

8 SOUTHWELL CLOSE is 168m² according to the EPC inspection conducted in August 2013. This puts it in the largest 10% of detached houses houses in Telford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Telford, and where 8 SOUTHWELL CLOSE lies on this distribution: 91% of detached houses houses are smaller than 8 SOUTHWELL CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Telford.

8 SOUTHWELL CLOSE: Plot and Title Map

8 SOUTHWELL CLOSE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 8 SOUTHWELL 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 SOUTHWELL 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 SOUTHWELL CLOSE?

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