9, SOVEREIGN CLOSE, TELFORD, TF4 3RY - £105,000

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

9 SOVEREIGN CLOSE is a very small extended detached house of 74m², built sometime between 1983 and 1990, which could now be worth an estimated £245,747. It was last sold for £105,000 in November 2002, which was around 28% below the average November 2002 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

9 SOVEREIGN CLOSE Sold Prices

Land registry data shows two sales for 9 SOVEREIGN 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 9 SOVEREIGN 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
2002 22 NOV	£105,000	£146,841	28% below HPI
2002 25 JAN	£84,500	£115,300	27% below HPI

9 SOVEREIGN 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 SOVEREIGN CLOSE sales from January 2002 and November 2002 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 January 2002 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2002 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 9 SOVEREIGN CLOSE be worth now?

9 SOVEREIGN CLOSE might now be worth an estimated £245,747.

This is based on house price inflation of 134%, between November 2002 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 134% inflationary increase is applied to the most recent sale price for 9 SOVEREIGN CLOSE of £105,000 on 22nd November 2002. For the value to have increased from £105,000 to £245,747 over the 21 years and eleven months to December 2024, the following assumptions must hold true:

• The value of 9 SOVEREIGN CLOSE has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The November 2002 sale price of £105,000 represented a fair market value for the property.
• The size, condition, and specification of 9 SOVEREIGN CLOSE has not materially changed since November 2002.

How Large is 9 SOVEREIGN CLOSE?

9 SOVEREIGN CLOSE is 74m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the smallest 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 9 SOVEREIGN CLOSE lies on this distribution: 8% of detached houses houses are smaller than 9 SOVEREIGN CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Telford.

9 SOVEREIGN CLOSE: Plot and Title Map

9 SOVEREIGN CLOSE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 9 SOVEREIGN 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 SOVEREIGN 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 SOVEREIGN CLOSE?

9 SOVEREIGN CLOSE is located in TELFORD, in the TF4 postcode district. The below map shows the position of No. 9 on SOVEREIGN CLOSE.