2, ROCHESTER CLOSE, TELFORD, TF3 2NT - £185,000

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 ROCHESTER CLOSE is a large detached house of 134m², built sometime between 1996 and 2002, which could now be worth an estimated £297,911. It was last sold for £185,000 in May 2014, which was around 12% below the average May 2014 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 ROCHESTER CLOSE Sold Prices

Land registry data shows three sales for 2 ROCHESTER 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. One of the three 2 ROCHESTER CLOSE sales was for below the average price, whilst two 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
2014 2 MAY	£185,000	£210,442	12% below HPI
2000 23 JUN	£105,000	£92,178	14% above HPI
1998 15 MAY	£101,000	£78,244	29% above HPI

2 ROCHESTER 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 ROCHESTER CLOSE sales between May 1998 and May 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 June 2000 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the May 2014 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 2 ROCHESTER CLOSE be worth now?

2 ROCHESTER CLOSE might now be worth an estimated £297,911.

This is based on house price inflation of 61%, between May 2014 and May 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 61% inflationary increase is applied to the most recent sale price for 2 ROCHESTER CLOSE of £185,000 on 2nd May 2014. For the value to have increased from £185,000 to £297,911 over the twelve years to May 2026, the following assumptions must hold true:

• The value of 2 ROCHESTER CLOSE has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The May 2014 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ROCHESTER CLOSE has not materially changed since May 2014.

How Large is 2 ROCHESTER CLOSE?

2 ROCHESTER CLOSE is 134m² according to the EPC inspection conducted in October 2010. This puts it in the largest 30% 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 ROCHESTER CLOSE lies on this distribution: 74% of detached houses houses are smaller than 2 ROCHESTER CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Telford.

2 ROCHESTER CLOSE: Plot and Title Map

2 ROCHESTER CLOSE sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 2 ROCHESTER 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 ROCHESTER 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 ROCHESTER CLOSE?

2 ROCHESTER CLOSE is located in TELFORD, in the TF3 postcode district. The below map shows the position of No. 2 on ROCHESTER CLOSE.