3, GOWER CLOSE, MUXTON, TELFORD, TF2 8PX - £161,500

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 GOWER CLOSE is a small semi-detached house of 96m², built sometime between 1950 and 1966, which could now be worth an estimated £267,603. It was last sold for £161,500 in April 2015, which was around 34% above the average April 2015 semi-detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

3 GOWER CLOSE Sold Prices

Land registry data shows three sales for 3 GOWER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the three 3 GOWER 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
2015 24 APR	£161,500	£120,644	34% above HPI
2015 20 MAR	£170,000	£119,196	43% above HPI
1996 2 MAY	£44,300	£39,152	13% above HPI

3 GOWER CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Telford and Wrekin local authority area over time, sourced from the HPI. The three 3 GOWER CLOSE sales between May 1996 and April 2015 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 2015 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the April 2015 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 3 GOWER CLOSE be worth now?

3 GOWER CLOSE might now be worth an estimated £267,603.

This is based on house price inflation of 65.7%, between April 2015 and May 2026, for semi-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 65.7% inflationary increase is applied to the most recent sale price for 3 GOWER CLOSE of £161,500 on 24th April 2015. For the value to have increased from £161,500 to £267,603 over the ten years and eleven months to May 2026, the following assumptions must hold true:

• The value of 3 GOWER CLOSE has moved in line with the HPI for semi-detached houses in the Telford and Wrekin local authority area.
• The April 2015 sale price of £161,500 represented a fair market value for the property.
• The size, condition, and specification of 3 GOWER CLOSE has not materially changed since April 2015.

How Large is 3 GOWER CLOSE?

3 GOWER CLOSE is 96m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 30% of semi-detached houses houses in Telford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Telford, and where 3 GOWER CLOSE lies on this distribution: 28% of semi-detached houses houses are smaller than 3 GOWER CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Telford.

3 GOWER CLOSE: Plot and Title Map

3 GOWER CLOSE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 3 GOWER 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 GOWER 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 GOWER CLOSE?

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