10, GREBE CLOSE, TELFORD, TF3 1NR - £327,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 GREBE CLOSE is a very large extended detached house of 166m², built sometime between 1983 and 1990, which could now be worth an estimated £350,399. It was last sold for £327,500 in February 2022, which was around 4% above the average February 2022 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

10 GREBE CLOSE Sold Prices

Land registry data shows three sales for 10 GREBE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. Two of the three 10 GREBE CLOSE sales were for above the average price, whilst one was 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
2022 12 FEB	£327,500	£314,011	4% above HPI
2007 4 OCT	£245,500	£229,649	7% above HPI
2002 18 OCT	£143,000	£145,063	1% below HPI

10 GREBE 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 three 10 GREBE CLOSE sales between October 2002 and February 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 October 2007 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the February 2022 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 10 GREBE CLOSE be worth now?

10 GREBE CLOSE might now be worth an estimated £350,399.

This is based on house price inflation of 7%, between February 2022 and February 2025, 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 7% inflationary increase is applied to the most recent sale price for 10 GREBE CLOSE of £327,500 on 12th February 2022. For the value to have increased from £327,500 to £350,399 over the three years to February 2025, the following assumptions must hold true:

• The value of 10 GREBE CLOSE has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The February 2022 sale price of £327,500 represented a fair market value for the property.
• The size, condition, and specification of 10 GREBE CLOSE has not materially changed since February 2022.

How Large is 10 GREBE CLOSE?

10 GREBE CLOSE is 166m², which includes two extensions, according to the EPC inspection conducted in April 2018. This puts it in the largest 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 10 GREBE CLOSE lies on this distribution: 90% of detached houses houses are smaller than 10 GREBE CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Telford.

10 GREBE CLOSE: Plot and Title Map

10 GREBE CLOSE sits on a plot of roughly 0.138 of an acre, or 560m². The below map shows the location of 10 GREBE 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 10 GREBE 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 10 GREBE CLOSE?

10 GREBE CLOSE is located in TELFORD, in the TF3 postcode district. The below map shows the position of No. 10 on GREBE CLOSE.