8, MEDLAR CLOSE, THE ROCK, TELFORD, TF3 5EB - £197,000

8 MEDLAR CLOSE is a small extended detached house of 102m², built sometime between 1983 and 1990. It was last sold for £197,000 in January 2020, which was around 26% below the average January 2020 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

8 MEDLAR CLOSE Sold Prices

Land registry data shows five sales for 8 MEDLAR CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the five 8 MEDLAR 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
2020 3 JAN	£197,000	£266,809	26% below HPI
2014 20 FEB	£146,000	£205,956	29% below HPI
2005 14 APR	£100,000	£195,532	49% below HPI
2000 20 MAR	£72,500	£89,998	19% below HPI
2000 17 MAR	£77,000	£89,998	14% below HPI

8 MEDLAR 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 five 8 MEDLAR CLOSE sales between March 2000 and January 2020 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 February 2014 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2020 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 8 MEDLAR CLOSE?

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

8 MEDLAR CLOSE: Plot and Title Map

8 MEDLAR CLOSE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 8 MEDLAR 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 MEDLAR 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 MEDLAR CLOSE?

8 MEDLAR CLOSE is located in THE ROCK, in the TF3 postcode district. The below map shows the position of No. 8 on MEDLAR CLOSE.