2, IVATT CLOSE, TELFORD, TF4 3SY - £196,000

2 IVATT CLOSE is a small detached house of 94m², built sometime between 1991 and 1995. It was last sold for £196,000 in April 2016, which was around 15% below the average April 2016 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

2 IVATT CLOSE Sold Prices

Land registry data shows two sales for 2 IVATT 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 2 IVATT 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
2016 19 APR	£196,000	£230,152	15% below HPI
1996 2 OCT	£65,000	£74,832	13% below HPI

2 IVATT 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 2 IVATT CLOSE sales from October 1996 and April 2016 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 1996 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2016 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 2 IVATT CLOSE?

2 IVATT CLOSE is 94m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 30% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 2 IVATT CLOSE lies on this distribution: 25% of detached houses are smaller than 2 IVATT CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Telford.

2 IVATT CLOSE: Plot and Title Map

2 IVATT CLOSE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 2 IVATT 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 2 IVATT 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 2 IVATT CLOSE?

2 IVATT CLOSE is located in TELFORD, in the TF4 postcode district. The below map shows the position of No. 2 on IVATT CLOSE.