2, DEE CLOSE, TELFORD, TF1 3JU - £75,000

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.

2 DEE CLOSE is a small flat of 46m², built in 2018, which could now be worth an estimated £84,861. It was last sold for £75,000 in May 2008, which was around 12% below the average May 2008 flat price in the Telford and Wrekin local authority area. The most recent EPC inspection was September 2018, where the current energy rating was B, and the potential energy rating was A.

2 DEE CLOSE Sold Prices

Land registry data shows four sales for 2 DEE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Telford and Wrekin local authority area for the corresponding sale date. All of the four 2 DEE 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
2008 2 MAY	£75,000	£84,757	12% below HPI
2004 12 NOV	£59,995	£70,858	15% below HPI
2000 4 DEC	£22,000	£30,033	27% below HPI
1996 6 DEC	£16,500	£23,621	30% below HPI

What might 2 DEE CLOSE be worth now?

2 DEE CLOSE might now be worth an estimated £84,861.

This is based on house price inflation of 13.1%, between May 2008 and May 2026, for flats, 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 13.1% inflationary increase is applied to the most recent sale price for 2 DEE CLOSE of £75,000 on 2nd May 2008. For the value to have increased from £75,000 to £84,861 over the eighteen years to May 2026, the following assumptions must hold true:

• The value of 2 DEE CLOSE has moved in line with the HPI for flats in the Telford and Wrekin local authority area.
• The May 2008 sale price of £75,000 represented a fair market value for the property.
• The size, condition, and specification of 2 DEE CLOSE has not materially changed since May 2008.

How Large is 2 DEE CLOSE?

2 DEE CLOSE is 46m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 30% of flats in Telford, based on EPC data. 25% of flats are smaller than 2 DEE CLOSE, and 73% of flats are larger. Note that EPC data is not available for all properties in Telford.

2 DEE CLOSE: Plot

2 DEE CLOSE sits on a plot of roughly 0.374 of an acre, or 1,513m².

Where is 2 DEE CLOSE?

2 DEE CLOSE is located in TELFORD, in the TF1 postcode district.