31, ESSEX CHASE, PRIORSLEE, TELFORD, TF2 9ST - £185,000

31 ESSEX CHASE is a very small extended detached house of 85m², built sometime between 1991 and 1995. It was last sold for £185,000 in July 2014, which was around 14% below the average July 2014 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

31 ESSEX CHASE Sold Prices

Land registry data shows three sales for 31 ESSEX CHASE 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. Two of the three 31 ESSEX CHASE sales were for below the average price, whilst one 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
2014 31 JUL	£185,000	£214,304	14% below HPI
1996 19 JUL	£69,000	£72,596	5% below HPI
1995 21 JUL	£72,995	£71,255	2% above HPI

31 ESSEX CHASE 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 31 ESSEX CHASE sales between July 1995 and July 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 July 1996 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2014 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 31 ESSEX CHASE?

31 ESSEX CHASE is 85m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 31 ESSEX CHASE lies on this distribution: 15% of detached houses are smaller than 31 ESSEX CHASE, and 84% of houses are larger. Note that EPC data is not available for all properties in Telford.

31 ESSEX CHASE: Plot and Title Map

31 ESSEX CHASE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 31 ESSEX CHASE, 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 31 ESSEX CHASE). 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 31 ESSEX CHASE?

31 ESSEX CHASE is located in PRIORSLEE, in the TF2 postcode district. The below map shows the position of No. 31 on ESSEX CHASE.