3, SPAFIELD CLOSE, TELFORD, TF5 0NL - £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.

3 SPAFIELD CLOSE is a detached house, which could now be worth an estimated £322,729. It was last sold for £185,000 in May 2009, which was around 5% below the average May 2009 detached price in the Telford and Wrekin local authority area.

3 SPAFIELD CLOSE Sold Prices

Land registry data shows two sales for 3 SPAFIELD 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. One of the two 3 SPAFIELD CLOSE sales was for below the average price, whilst the other was 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 18 MAY	£185,000	£194,259	5% below HPI
1998 25 MAR	£84,500	£77,392	9% above HPI

What might 3 SPAFIELD CLOSE be worth now?

3 SPAFIELD CLOSE might now be worth an estimated £322,729.

This is based on house price inflation of 74.4%, between May 2009 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 74.4% inflationary increase is applied to the most recent sale price for 3 SPAFIELD CLOSE of £185,000 on 18th May 2009. For the value to have increased from £185,000 to £322,729 over the seventeen years to May 2026, the following assumptions must hold true:

• The value of 3 SPAFIELD CLOSE has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The May 2009 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SPAFIELD CLOSE has not materially changed since May 2009.

Where is 3 SPAFIELD CLOSE?

3 SPAFIELD CLOSE is located in TELFORD, in the TF5 postcode district.