8, TEAWELL CLOSE, THE ROCK, TELFORD, TF3 5BL - £169,950

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 TEAWELL CLOSE is a very small semi-detached house of 71m², built sometime between 1991 and 1995, which could now be worth an estimated £226,660. It was last sold for £169,950 in July 2020, which was around 16% above the average July 2020 semi-detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

8 TEAWELL CLOSE Sold Prices

Land registry data shows four sales for 8 TEAWELL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the four 8 TEAWELL CLOSE sales were for above 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 31 JUL	£169,950	£146,595	16% above HPI
2008 23 MAY	£154,000	£132,643	16% above HPI
2006 10 FEB	£138,500	£117,135	18% above HPI
1995 2 JUN	£51,750	£38,600	34% above HPI

8 TEAWELL CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Telford and Wrekin local authority area over time, sourced from the HPI. The four 8 TEAWELL CLOSE sales between June 1995 and July 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 May 2008 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the July 2020 sale, which was also at 16% above the HPI.

What might 8 TEAWELL CLOSE be worth now?

8 TEAWELL CLOSE might now be worth an estimated £226,660.

This is based on house price inflation of 33.4%, between July 2020 and February 2025, for semi-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 33.4% inflationary increase is applied to the most recent sale price for 8 TEAWELL CLOSE of £169,950 on 31st July 2020. For the value to have increased from £169,950 to £226,660 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 8 TEAWELL CLOSE has moved in line with the HPI for semi-detached houses in the Telford and Wrekin local authority area.
• The July 2020 sale price of £169,950 represented a fair market value for the property.
• The size, condition, and specification of 8 TEAWELL CLOSE has not materially changed since July 2020.

How Large is 8 TEAWELL CLOSE?

8 TEAWELL CLOSE is 71m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% of semi-detached houses houses in Telford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Telford, and where 8 TEAWELL CLOSE lies on this distribution: 6% of semi-detached houses houses are smaller than 8 TEAWELL CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Telford.

8 TEAWELL CLOSE: Plot and Title Map

8 TEAWELL CLOSE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 8 TEAWELL 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 TEAWELL 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 TEAWELL CLOSE?

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