58, CHEDWELL SPRING, REDHILL, TELFORD, TF2 9XD - £264,500

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.

58 CHEDWELL SPRING is a very small detached house of 87m², built in 2021, which could now be worth an estimated £262,464. It was last sold for £264,500 in December 2022, which was around 23% below the average December 2022 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was November 2022, where the current energy rating was B, and the potential energy rating was A.

58 CHEDWELL SPRING Sold Prices

Land registry data shows one sale for 58 CHEDWELL SPRING since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 16 DEC	£264,500	£341,510	23% below HPI

58 CHEDWELL SPRING 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 single 58 CHEDWELL SPRING sale from December 2022 has been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, preceding and following the December 2022 sale, had it maintained the same 23% margin below the HPI (as a percentage) throughout.

What might 58 CHEDWELL SPRING be worth now?

58 CHEDWELL SPRING might now be worth an estimated £262,464.

This is based on house price deflation of 0.8%, between December 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 0.8% deflationary decrease is applied to the most recent sale price for 58 CHEDWELL SPRING of £264,500 on 16th December 2022. For the value to have decreased from £264,500 to £262,464 over the four years and seven months to May 2026, the following assumptions must hold true:

• The value of 58 CHEDWELL SPRING has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The December 2022 sale price of £264,500 represented a fair market value for the property.
• The size, condition, and specification of 58 CHEDWELL SPRING has not materially changed since December 2022.

How Large is 58 CHEDWELL SPRING?

58 CHEDWELL SPRING is 87m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 20% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 58 CHEDWELL SPRING lies on this distribution: 17% of detached houses are smaller than 58 CHEDWELL SPRING, and 82% of detached houses are larger. Note that EPC data is not available for all properties in Telford.

58 CHEDWELL SPRING: Plot and Title Map

58 CHEDWELL SPRING sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 58 CHEDWELL SPRING, 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 58 CHEDWELL SPRING). 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 58 CHEDWELL SPRING?

58 CHEDWELL SPRING is located in REDHILL, in the TF2 postcode district. The below map shows the position of No. 58 on CHEDWELL SPRING.