14, LOWER PARK DRIVE, TELFORD, TF1 3PY - £300,000

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 LOWER PARK DRIVE is a small extended detached house of 103m², built sometime between 1991 and 1995. It was last sold for £300,000 in November 2023, which was around 12% below the average November 2023 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.

14 LOWER PARK DRIVE Sold Prices

Land registry data shows three sales for 14 LOWER PARK 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 14 LOWER PARK 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
2023 16 NOV	£300,000	£341,531	12% below HPI
2014 21 OCT	£192,000	£219,104	12% below HPI
2002 30 AUG	£165,000	£138,257	19% above HPI

14 LOWER PARK 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 LOWER PARK DRIVE sales between August 2002 and November 2023 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 October 2014 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2023 sale, which was also at 12% below the HPI.

How Large is 14 LOWER PARK DRIVE?

14 LOWER PARK DRIVE is 103m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 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 14 LOWER PARK DRIVE lies on this distribution: 37% of detached houses are smaller than 14 LOWER PARK DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Telford.

14 LOWER PARK DRIVE: Plot and Title Map

14 LOWER PARK DRIVE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 14 LOWER PARK 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 LOWER PARK 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 LOWER PARK DRIVE?

14 LOWER PARK DRIVE is located in TELFORD, in the TF1 postcode district. The below map shows the position of No. 14 on LOWER PARK DRIVE.