4, PADDOCK CLOSE, WELLINGTON, TELFORD, TF1 3ND - £154,000

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.

4 PADDOCK CLOSE is a very small semi-detached house of 74m², built sometime between 1950 and 1966, which could now be worth an estimated £243,582. It was last sold for £154,000 in March 2016, which was around 22% above the average March 2016 semi-detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was December 2014, where the current energy rating was E, and the potential energy rating was B.

4 PADDOCK CLOSE Sold Prices

Land registry data shows two sales for 4 PADDOCK CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Telford and Wrekin local authority area for the corresponding sale date. One of the two 4 PADDOCK CLOSE sales was for above the average price, whilst the other was for below 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
2016 23 MAR	£154,000	£126,386	22% above HPI
2015 9 DEC	£106,500	£126,344	16% below HPI

4 PADDOCK 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 two 4 PADDOCK CLOSE sales from December 2015 and March 2016 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 December 2015 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2016 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 4 PADDOCK CLOSE be worth now?

4 PADDOCK CLOSE might now be worth an estimated £243,582.

This is based on house price inflation of 58.2%, between March 2016 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 58.2% inflationary increase is applied to the most recent sale price for 4 PADDOCK CLOSE of £154,000 on 23rd March 2016. For the value to have increased from £154,000 to £243,582 over the nine years and ten months to May 2026, the following assumptions must hold true:

• The value of 4 PADDOCK CLOSE has moved in line with the HPI for semi-detached houses in the Telford and Wrekin local authority area.
• The March 2016 sale price of £154,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PADDOCK CLOSE has not materially changed since March 2016.

How Large is 4 PADDOCK CLOSE?

4 PADDOCK CLOSE is 74m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 10% 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 4 PADDOCK CLOSE lies on this distribution: 8% of semi-detached houses houses are smaller than 4 PADDOCK CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Telford.

4 PADDOCK CLOSE: Plot and Title Map

4 PADDOCK CLOSE sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 4 PADDOCK 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 4 PADDOCK 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 4 PADDOCK CLOSE?

4 PADDOCK CLOSE is located in WELLINGTON, in the TF1 postcode district. The below map shows the position of No. 4 on PADDOCK CLOSE.