8, THE CLOISTERS, TELFORD, TF2 6HY - £120,000

8 THE CLOISTERS is a very small detached house of 57m², built sometime between 1967 and 1975. It was last sold for £120,000 in March 2016, which was around 47% below the average March 2016 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

8 THE CLOISTERS Sold Prices

Land registry data shows two sales for 8 THE CLOISTERS 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 THE CLOISTERS 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 29 MAR	£120,000	£227,062	47% below HPI
1998 12 FEB	£47,000	£78,186	40% below HPI

8 THE CLOISTERS 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 THE CLOISTERS sales from February 1998 and March 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 February 1998 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the March 2016 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 8 THE CLOISTERS?

8 THE CLOISTERS is 57m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 10% 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 THE CLOISTERS lies on this distribution: 2% of detached houses are smaller than 8 THE CLOISTERS, and 98% of houses are larger. Note that EPC data is not available for all properties in Telford.

8 THE CLOISTERS: Plot and Title Map

8 THE CLOISTERS sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 8 THE CLOISTERS, 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 THE CLOISTERS). 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 THE CLOISTERS?

8 THE CLOISTERS is located in TELFORD, in the TF2 postcode district. The below map shows the position of No. 8 on THE CLOISTERS.