8, GREBE CLOSE, TELFORD, TF3 1NR - £137,500

8 GREBE CLOSE is a large extended detached house of 126m², built sometime between 1983 and 1990. It was last sold for £137,500 in November 2003, which was around 20% below the average November 2003 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

8 GREBE CLOSE Sold Prices

Land registry data shows four sales for 8 GREBE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the four 8 GREBE CLOSE sales 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
2003 28 NOV	£137,500	£172,252	20% below HPI
2001 30 AUG	£82,000	£109,887	25% below HPI
2000 24 NOV	£82,000	£96,904	15% below HPI
1996 28 JUN	£60,000	£72,833	18% below HPI

8 GREBE 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 four 8 GREBE CLOSE sales between June 1996 and November 2003 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 August 2001 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2003 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 8 GREBE CLOSE?

8 GREBE CLOSE is 126m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 40% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 8 GREBE CLOSE lies on this distribution: 67% of detached houses are smaller than 8 GREBE CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Telford.

8 GREBE CLOSE: Plot and Title Map

8 GREBE CLOSE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 8 GREBE 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 GREBE 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 GREBE CLOSE?

8 GREBE CLOSE is located in TELFORD, in the TF3 postcode district. The below map shows the position of No. 8 on GREBE CLOSE.