2, LICHFIELD CLOSE, PRIORSLEE, TELFORD, TF2 9UX - £225,000

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.

2 LICHFIELD CLOSE is a small detached house of 104m², built sometime between 1996 and 2002, which could now be worth an estimated £383,640. It was last sold for £225,000 in September 2009, which was around 11% above the average September 2009 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

2 LICHFIELD CLOSE Sold Prices

Land registry data shows three sales for 2 LICHFIELD 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. All of the three 2 LICHFIELD CLOSE 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
2009 8 SEP	£225,000	£202,632	11% above HPI
2000 31 MAR	£116,000	£88,803	31% above HPI
1997 28 FEB	£92,000	£73,639	25% above HPI

2 LICHFIELD 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 2 LICHFIELD CLOSE sales between February 1997 and September 2009 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 March 2000 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the September 2009 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 2 LICHFIELD CLOSE be worth now?

2 LICHFIELD CLOSE might now be worth an estimated £383,640.

This is based on house price inflation of 70.5%, between September 2009 and April 2026, 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 70.5% inflationary increase is applied to the most recent sale price for 2 LICHFIELD CLOSE of £225,000 on 8th September 2009. For the value to have increased from £225,000 to £383,640 over the seventeen years and five months to April 2026, the following assumptions must hold true:

• The value of 2 LICHFIELD CLOSE has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The September 2009 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LICHFIELD CLOSE has not materially changed since September 2009.

How Large is 2 LICHFIELD CLOSE?

2 LICHFIELD CLOSE is 104m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 40% 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 2 LICHFIELD CLOSE lies on this distribution: 39% of detached houses houses are smaller than 2 LICHFIELD CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Telford.

2 LICHFIELD CLOSE: Plot and Title Map

2 LICHFIELD CLOSE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 2 LICHFIELD 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 LICHFIELD 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 LICHFIELD CLOSE?

2 LICHFIELD CLOSE is located in PRIORSLEE, in the TF2 postcode district. The below map shows the position of No. 2 on LICHFIELD CLOSE.