9, NEW RIVER CLOSE, TELFORD, TF1 3QJ - £192,000

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

9 NEW RIVER CLOSE is a small detached house of 105m², built sometime between 1996 and 2002. It was last sold for £192,000 in April 2013, which was around 4% below the average April 2013 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

9 NEW RIVER CLOSE Sold Prices

Land registry data shows two sales for 9 NEW RIVER 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. One of the two 9 NEW RIVER CLOSE sales was for below the average price, whilst the other was 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
2013 12 APR	£192,000	£201,001	4% below HPI
1999 28 MAY	£88,000	£84,417	4% above HPI

9 NEW RIVER 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 9 NEW RIVER CLOSE sales from May 1999 and April 2013 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 May 1999 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the April 2013 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 9 NEW RIVER CLOSE?

9 NEW RIVER CLOSE is 105m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 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 9 NEW RIVER CLOSE lies on this distribution: 39% of detached houses are smaller than 9 NEW RIVER CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Telford.

9 NEW RIVER CLOSE: Plot and Title Map

9 NEW RIVER CLOSE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 9 NEW RIVER 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 9 NEW RIVER 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 9 NEW RIVER CLOSE?

9 NEW RIVER CLOSE is located in TELFORD, in the TF1 postcode district. The below map shows the position of No. 9 on NEW RIVER CLOSE.