3, ALDGATE CLOSE, PRIORSLEE, TELFORD, TF2 9WG - £267,950

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.

3 ALDGATE CLOSE is a midsized detached house of 107m², built in 2019, which could now be worth an estimated £356,631. It was last sold for £267,950 in May 2019, which was around 5% above the average May 2019 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was April 2019, where the current energy rating was B, and the potential energy rating was A.

3 ALDGATE CLOSE Sold Prices

Land registry data shows two sales for 3 ALDGATE 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 3 ALDGATE 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
2019 24 MAY	£267,950	£254,614	5% above HPI
2017 24 OCT	£6,203,382	£245,959	2422% above HPI

3 ALDGATE 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 3 ALDGATE CLOSE sales from October 2017 and May 2019 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 2017 sale was for 2422% above the HPI. So the extrapolation line tracks at 2422% above the HPI over time, until the May 2019 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 3 ALDGATE CLOSE be worth now?

3 ALDGATE CLOSE might now be worth an estimated £356,631.

This is based on house price inflation of 33.1%, between May 2019 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 33.1% inflationary increase is applied to the most recent sale price for 3 ALDGATE CLOSE of £267,950 on 24th May 2019. For the value to have increased from £267,950 to £356,631 over the seven years to May 2026, the following assumptions must hold true:

• The value of 3 ALDGATE CLOSE has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The May 2019 sale price of £267,950 represented a fair market value for the property.
• The size, condition, and specification of 3 ALDGATE CLOSE has not materially changed since May 2019.

How Large is 3 ALDGATE CLOSE?

3 ALDGATE CLOSE is 107m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 50% 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 3 ALDGATE CLOSE lies on this distribution: 42% of detached houses houses are smaller than 3 ALDGATE CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Telford.

3 ALDGATE CLOSE: Plot and Title Map

3 ALDGATE CLOSE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 3 ALDGATE 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 3 ALDGATE 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 3 ALDGATE CLOSE?

3 ALDGATE CLOSE is located in PRIORSLEE, in the TF2 postcode district. The below map shows the position of No. 3 on ALDGATE CLOSE.