14, LAMBETH DRIVE, PRIORSLEE, TELFORD, TF2 9FF - £340,000

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

14 LAMBETH DRIVE is a very large extended detached house of 144m², built sometime between 1996 and 2002. It was last sold for £340,000 in January 2022, which was around 7% above the average January 2022 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

14 LAMBETH DRIVE Sold Prices

Land registry data shows three sales for 14 LAMBETH 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. All of the three 14 LAMBETH DRIVE 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
2022 28 JAN	£340,000	£318,634	7% above HPI
2006 19 APR	£221,000	£206,831	7% above HPI
2003 28 MAR	£179,500	£156,523	15% above HPI

14 LAMBETH 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 14 LAMBETH DRIVE sales between March 2003 and January 2022 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 April 2006 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the January 2022 sale, which was also at 7% above the HPI.

How Large is 14 LAMBETH DRIVE?

14 LAMBETH DRIVE is 144m², which includes two extensions, according to the EPC inspection conducted in July 2015. This puts it in the largest 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 14 LAMBETH DRIVE lies on this distribution: 82% of detached houses are smaller than 14 LAMBETH DRIVE, and 18% of houses are larger. Note that EPC data is not available for all properties in Telford.

14 LAMBETH DRIVE: Plot and Title Map

14 LAMBETH DRIVE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 14 LAMBETH 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 14 LAMBETH 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 14 LAMBETH DRIVE?

14 LAMBETH DRIVE is located in PRIORSLEE, in the TF2 postcode district. The below map shows the position of No. 14 on LAMBETH DRIVE.