8, GOWER CLOSE, MUXTON, TELFORD, TF2 8PX - £125,000

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 GOWER CLOSE is a small extended detached house of 102m², built sometime between 1950 and 1966, which could now be worth an estimated £340,699. It was last sold for £125,000 in May 2002, which was around 1% above the average May 2002 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

8 GOWER CLOSE Sold Prices

Land registry data shows three sales for 8 GOWER CLOSE 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. One of the three 8 GOWER CLOSE sales was for above the average price, whilst two were 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
2002 24 MAY	£125,000	£124,333	1% above HPI
2000 5 OCT	£93,000	£94,468	2% below HPI
1995 3 APR	£49,000	£68,220	28% below HPI

8 GOWER CLOSE 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 GOWER CLOSE sales between April 1995 and May 2002 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 October 2000 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2002 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 8 GOWER CLOSE be worth now?

8 GOWER CLOSE might now be worth an estimated £340,699.

This is based on house price inflation of 172.6%, between May 2002 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 172.6% inflationary increase is applied to the most recent sale price for 8 GOWER CLOSE of £125,000 on 24th May 2002. For the value to have increased from £125,000 to £340,699 over the 24 years to May 2026, the following assumptions must hold true:

• The value of 8 GOWER CLOSE has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The May 2002 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 8 GOWER CLOSE has not materially changed since May 2002.

How Large is 8 GOWER CLOSE?

8 GOWER CLOSE is 102m², which includes three extensions, according to the EPC inspection conducted in October 2013. This puts it in the smallest 40% 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 GOWER CLOSE lies on this distribution: 36% of detached houses houses are smaller than 8 GOWER CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Telford.

8 GOWER CLOSE: Plot and Title Map

8 GOWER CLOSE sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 8 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 8 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 8 GOWER CLOSE?

8 GOWER CLOSE is located in MUXTON, in the TF2 postcode district. The below map shows the position of No. 8 on GOWER CLOSE.