8, FLAG LEASOW, MADELEY, TELFORD, TF7 5TA - £368,000

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.

8 FLAG LEASOW is a large detached house of 130m², built sometime between 1983 and 1990, which could now be worth an estimated £392,489. It was last sold for £368,000 in May 2022, which was around 16% above the average May 2022 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

8 FLAG LEASOW Sold Prices

Land registry data shows three sales for 8 FLAG LEASOW 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. All of the three 8 FLAG LEASOW 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
2022 13 MAY	£368,000	£317,737	16% above HPI
2017 22 SEP	£249,950	£244,055	2% above HPI
2006 25 AUG	£249,995	£208,521	20% above HPI

8 FLAG LEASOW 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 8 FLAG LEASOW sales between August 2006 and May 2022 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 September 2017 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the May 2022 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 8 FLAG LEASOW be worth now?

8 FLAG LEASOW might now be worth an estimated £392,489.

This is based on house price inflation of 6.7%, between May 2022 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 6.7% inflationary increase is applied to the most recent sale price for 8 FLAG LEASOW of £368,000 on 13th May 2022. For the value to have increased from £368,000 to £392,489 over the four years to May 2026, the following assumptions must hold true:

• The value of 8 FLAG LEASOW has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The May 2022 sale price of £368,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FLAG LEASOW has not materially changed since May 2022.

How Large is 8 FLAG LEASOW?

8 FLAG LEASOW is 130m² according to the EPC inspection conducted in August 2017. This puts it in the largest 30% 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 8 FLAG LEASOW lies on this distribution: 71% of detached houses houses are smaller than 8 FLAG LEASOW, and 28% of houses are larger. Note that EPC data is not available for all properties in Telford.

8 FLAG LEASOW: Plot and Title Map

8 FLAG LEASOW sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 8 FLAG LEASOW, 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 8 FLAG LEASOW). 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 8 FLAG LEASOW?

8 FLAG LEASOW is located in MADELEY, in the TF7 postcode district. The below map shows the position of No. 8 on FLAG LEASOW.