1, ESSEX CHASE, PRIORSLEE, TELFORD, TF2 9ST - £500,000

1 ESSEX CHASE is a very large extended detached house of 153m², built sometime between 1983 and 1990. It was last sold for £500,000 in October 2022, which was around 41% above the average October 2022 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

1 ESSEX CHASE Sold Prices

Land registry data shows two sales for 1 ESSEX CHASE 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 1 ESSEX CHASE 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
2022 18 OCT	£500,000	£353,845	41% above HPI
1996 12 JUL	£111,000	£72,596	53% above HPI

1 ESSEX CHASE 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 1 ESSEX CHASE sales from July 1996 and October 2022 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 July 1996 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the October 2022 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is 1 ESSEX CHASE?

1 ESSEX CHASE is 153m², which includes three extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 20% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 1 ESSEX CHASE lies on this distribution: 86% of detached houses are smaller than 1 ESSEX CHASE, and 14% of houses are larger. Note that EPC data is not available for all properties in Telford.

1 ESSEX CHASE: Plot and Title Map

1 ESSEX CHASE sits on a plot of roughly 0.215 of an acre, or 871m². The below map shows the location of 1 ESSEX CHASE, 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 1 ESSEX CHASE). 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 1 ESSEX CHASE?

1 ESSEX CHASE is located in PRIORSLEE, in the TF2 postcode district. The below map shows the position of No. 1 on ESSEX CHASE.