1, TOM MORGAN CLOSE, LAWLEY VILLAGE, TELFORD, TF4 2PZ - £144,000

1 TOM MORGAN CLOSE is a very small semi-detached house of 83m², built sometime between 1996 and 2002. It was last sold for £144,000 in February 2014, which was around 30% below the average February 2014 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

1 TOM MORGAN CLOSE Sold Prices

Land registry data shows four sales for 1 TOM MORGAN 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 1 TOM MORGAN 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
2014 20 FEB	£144,000	£205,956	30% below HPI
2010 30 SEP	£135,000	£217,507	38% below HPI
2002 18 DEC	£115,000	£150,137	23% below HPI
1999 7 MAY	£65,950	£84,417	22% below HPI

1 TOM MORGAN 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 1 TOM MORGAN CLOSE sales between May 1999 and February 2014 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 September 2010 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the February 2014 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 1 TOM MORGAN CLOSE?

1 TOM MORGAN CLOSE is 83m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 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 TOM MORGAN CLOSE lies on this distribution: 14% of detached houses are smaller than 1 TOM MORGAN CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Telford.

1 TOM MORGAN CLOSE: Plot and Title Map

1 TOM MORGAN CLOSE sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 1 TOM MORGAN 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 1 TOM MORGAN 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 1 TOM MORGAN CLOSE?

1 TOM MORGAN CLOSE is located in LAWLEY VILLAGE, in the TF4 postcode district. The below map shows the position of No. 1 on TOM MORGAN CLOSE.