8, NEW RIVER CLOSE, TELFORD, TF1 3QJ - £205,000

8 NEW RIVER CLOSE is a small detached house of 93m², built sometime between 1991 and 1995. It was last sold for £205,000 in November 2016, which was around 14% below the average November 2016 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

8 NEW RIVER CLOSE Sold Prices

Land registry data shows four sales for 8 NEW RIVER 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 NEW RIVER 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
2016 25 NOV	£205,000	£237,327	14% below HPI
2004 17 DEC	£172,500	£201,750	14% below HPI
2000 30 JUN	£82,950	£93,418	11% below HPI
1997 7 NOV	£72,500	£78,489	8% below HPI

8 NEW RIVER 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 NEW RIVER CLOSE sales between November 1997 and November 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 2004 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2016 sale, which was also at 14% below the HPI.

How Large is 8 NEW RIVER CLOSE?

8 NEW RIVER CLOSE is 93m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 30% 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 NEW RIVER CLOSE lies on this distribution: 24% of detached houses are smaller than 8 NEW RIVER CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Telford.

8 NEW RIVER CLOSE: Plot and Title Map

8 NEW RIVER CLOSE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 8 NEW RIVER 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 NEW RIVER 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 NEW RIVER CLOSE?

8 NEW RIVER CLOSE is located in TELFORD, in the TF1 postcode district. The below map shows the position of No. 8 on NEW RIVER CLOSE.