9, OLEANDER CLOSE, THE ROCK, TELFORD, TF3 5EF - £280,000

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 OLEANDER CLOSE is a midsized extended detached house of 112m², built sometime between 1991 and 1995. It was last sold for £280,000 in March 2024, which was around 18% below the average March 2024 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was June 2023, where the current energy rating was E, and the potential energy rating was C.

9 OLEANDER CLOSE Sold Prices

Land registry data shows four sales for 9 OLEANDER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the four 9 OLEANDER 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
2024 22 MAR	£280,000	£339,451	18% below HPI
1997 21 MAR	£49,000	£74,619	34% below HPI
1997 31 JAN	£48,000	£73,954	35% below HPI
1995 9 JUN	£47,000	£70,661	33% below HPI

9 OLEANDER 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 four 9 OLEANDER CLOSE sales between June 1995 and March 2024 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 March 1997 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the March 2024 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 9 OLEANDER CLOSE?

9 OLEANDER CLOSE is 112m², which includes two extensions, according to the EPC inspection conducted in June 2023. This puts it in the smallest 50% 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 OLEANDER CLOSE lies on this distribution: 48% of detached houses are smaller than 9 OLEANDER CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Telford.

9 OLEANDER CLOSE: Plot and Title Map

9 OLEANDER CLOSE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 9 OLEANDER 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 OLEANDER 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 OLEANDER CLOSE?

9 OLEANDER CLOSE is located in THE ROCK, in the TF3 postcode district. The below map shows the position of No. 9 on OLEANDER CLOSE.