2, LILAC CLOSE, THE ROCK, TELFORD, TF3 5EH - £215,000

2 LILAC CLOSE is a midsized detached house of 112m², built sometime between 1983 and 1990. It was last sold for £215,000 in January 2017, which was around 11% below the average January 2017 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.

2 LILAC CLOSE Sold Prices

Land registry data shows three sales for 2 LILAC 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 LILAC 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
2017 6 JAN	£215,000	£240,647	11% below HPI
2011 12 MAY	£175,000	£209,400	16% below HPI
2001 27 JUL	£97,500	£108,024	10% below HPI

2 LILAC 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 LILAC CLOSE sales between July 2001 and January 2017 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 May 2011 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the January 2017 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 2 LILAC CLOSE?

2 LILAC CLOSE is 112m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 50% 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 LILAC CLOSE lies on this distribution: 48% of detached houses are smaller than 2 LILAC CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Telford.

2 LILAC CLOSE: Plot and Title Map

2 LILAC CLOSE sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 2 LILAC 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 LILAC 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 LILAC CLOSE?

2 LILAC CLOSE is located in THE ROCK, in the TF3 postcode district. The below map shows the position of No. 2 on LILAC CLOSE.