1, NORWICH DRIVE, TELFORD, TF3 2NS - £285,000

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 NORWICH DRIVE is a large extended detached house of 125m², built sometime between 1996 and 2002. It was last sold for £285,000 in June 2021, which was around 4% below the average June 2021 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

1 NORWICH DRIVE Sold Prices

Land registry data shows three sales for 1 NORWICH DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. Two of the three 1 NORWICH DRIVE sales were for below the average price, whilst one was 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 25 JUN	£285,000	£298,294	4% below HPI
2017 1 JUN	£215,000	£237,026	9% below HPI
1998 2 OCT	£103,000	£82,202	25% above HPI

1 NORWICH 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 three 1 NORWICH DRIVE sales between October 1998 and June 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 June 2017 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the June 2021 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 1 NORWICH DRIVE?

1 NORWICH DRIVE is 125m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 40% 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 NORWICH DRIVE lies on this distribution: 66% of detached houses are smaller than 1 NORWICH DRIVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Telford.

1 NORWICH DRIVE: Plot and Title Map

1 NORWICH DRIVE sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 1 NORWICH 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 NORWICH 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 NORWICH DRIVE?

1 NORWICH DRIVE is located in TELFORD, in the TF3 postcode district. The below map shows the position of No. 1 on NORWICH DRIVE.