8, ROWLEY CLOSE, MADELEY, TELFORD, TF7 5RR - £325,000

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 ROWLEY CLOSE is a small detached house of 99m², built sometime between 1983 and 1990, which could now be worth an estimated £322,090. It was last sold for £325,000 in October 2022, which was around 5% below the average October 2022 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

8 ROWLEY CLOSE Sold Prices

Land registry data shows two sales for 8 ROWLEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. Both of the two 8 ROWLEY 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
2022 21 OCT	£325,000	£341,943	5% below HPI
2002 12 JUL	£126,000	£131,347	4% below HPI

8 ROWLEY 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 two 8 ROWLEY CLOSE sales from July 2002 and October 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 July 2002 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2022 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 8 ROWLEY CLOSE be worth now?

8 ROWLEY CLOSE might now be worth an estimated £322,090.

This is based on house price deflation of 0.9%, between October 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 0.9% deflationary decrease is applied to the most recent sale price for 8 ROWLEY CLOSE of £325,000 on 21st October 2022. For the value to have decreased from £325,000 to £322,090 over the four years and five months to May 2026, the following assumptions must hold true:

• The value of 8 ROWLEY CLOSE has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The October 2022 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ROWLEY CLOSE has not materially changed since October 2022.

How Large is 8 ROWLEY CLOSE?

8 ROWLEY CLOSE is 99m² according to the EPC inspection conducted in June 2022. 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 ROWLEY CLOSE lies on this distribution: 32% of detached houses houses are smaller than 8 ROWLEY CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Telford.

8 ROWLEY CLOSE: Plot and Title Map

8 ROWLEY CLOSE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 8 ROWLEY 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 ROWLEY 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 ROWLEY CLOSE?

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