9, WATERLOW CLOSE, PRIORSLEE, TELFORD, TF2 9NF - £299,950

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.

9 WATERLOW CLOSE is a midsized terraced house of 113m², built sometime between 1996 and 2002, which could now be worth an estimated £354,033. It was last sold for £299,950 in May 2021, which was around 109% above the average May 2021 terraced price in the Telford and Wrekin local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

9 WATERLOW CLOSE Sold Prices

Land registry data shows four sales for 9 WATERLOW CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Telford and Wrekin local authority area for the corresponding sale date. All of the four 9 WATERLOW 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
2021 28 MAY	£299,950	£143,521	109% above HPI
2004 29 JUL	£225,950	£89,084	154% above HPI
2002 27 SEP	£163,000	£59,601	173% above HPI
2001 23 FEB	£120,000	£42,308	184% above HPI

9 WATERLOW CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Telford and Wrekin local authority area over time, sourced from the HPI. The four 9 WATERLOW CLOSE sales between February 2001 and May 2021 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 2004 sale was for 154% above the HPI. So the extrapolation line tracks at 154% above the HPI over time, until the May 2021 sale, where it falls to 109% above the HPI. The line then continues to track at 109% above the HPI.

What might 9 WATERLOW CLOSE be worth now?

9 WATERLOW CLOSE might now be worth an estimated £354,033.

This is based on house price inflation of 18%, between May 2021 and May 2026, for terraced 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 18% inflationary increase is applied to the most recent sale price for 9 WATERLOW CLOSE of £299,950 on 28th May 2021. For the value to have increased from £299,950 to £354,033 over the five years to May 2026, the following assumptions must hold true:

• The value of 9 WATERLOW CLOSE has moved in line with the HPI for terraced houses in the Telford and Wrekin local authority area.
• The May 2021 sale price of £299,950 represented a fair market value for the property.
• The size, condition, and specification of 9 WATERLOW CLOSE has not materially changed since May 2021.

How Large is 9 WATERLOW CLOSE?

9 WATERLOW CLOSE is 113m² according to the EPC inspection conducted in August 2020. This puts it in the largest 50% of terraced houses houses in Telford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Telford, and where 9 WATERLOW CLOSE lies on this distribution: 50% of terraced houses houses are smaller than 9 WATERLOW CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Telford.

9 WATERLOW CLOSE: Plot and Title Map

9 WATERLOW CLOSE sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 9 WATERLOW 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 9 WATERLOW 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 9 WATERLOW CLOSE?

9 WATERLOW CLOSE is located in PRIORSLEE, in the TF2 postcode district. The below map shows the position of No. 9 on WATERLOW CLOSE.