1, FAIRWAYS DRIVE, MADELEY, TELFORD, TF7 5TD - £189,950

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 FAIRWAYS DRIVE is a very small detached house of 82m², built sometime between 1983 and 1990. It was last sold for £189,950 in May 2018, which was around 23% below the average May 2018 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was C.

1 FAIRWAYS DRIVE Sold Prices

Land registry data shows two sales for 1 FAIRWAYS DRIVE 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 1 FAIRWAYS DRIVE 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
2018 30 MAY	£189,950	£247,271	23% below HPI
2001 27 NOV	£84,950	£113,780	25% below HPI

1 FAIRWAYS DRIVE 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 1 FAIRWAYS DRIVE sales from November 2001 and May 2018 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 November 2001 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2018 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 1 FAIRWAYS DRIVE?

1 FAIRWAYS DRIVE is 82m² according to the EPC inspection conducted in October 2017. 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 1 FAIRWAYS DRIVE lies on this distribution: 13% of detached houses are smaller than 1 FAIRWAYS DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Telford.

1 FAIRWAYS DRIVE: Plot and Title Map

1 FAIRWAYS DRIVE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 1 FAIRWAYS DRIVE, 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 1 FAIRWAYS DRIVE). 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 1 FAIRWAYS DRIVE?

1 FAIRWAYS DRIVE is located in MADELEY, in the TF7 postcode district. The below map shows the position of No. 1 on FAIRWAYS DRIVE.