Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
15 ELTHAM DRIVE is a large extended detached house of 140m², built sometime between 1996 and 2002. It was last sold for £465,000 in January 2023, which was around 35% above the average January 2023 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows six sales for 15 ELTHAM DRIVE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the six 15 ELTHAM 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 |
---|---|---|---|
2023 31 JAN | £465,000 | £343,538 | 35% above HPI |
2013 11 JAN | £230,000 | £205,288 | 12% above HPI |
2008 20 JUN | £265,000 | £234,444 | 13% above HPI |
2005 14 OCT | £249,950 | £203,064 | 23% above HPI |
2004 26 MAR | £239,950 | £180,731 | 33% above HPI |
2000 25 AUG | £143,000 | £95,392 | 50% above HPI |
The below graph shows the average detached house price in the Telford and Wrekin local authority area over time, sourced from the HPI. The six 15 ELTHAM DRIVE sales between August 2000 and January 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 January 2013 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the January 2023 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.
15 ELTHAM DRIVE is 140m², which includes two extensions, according to the EPC inspection conducted in November 2020. This puts it in the largest 30% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 15 ELTHAM DRIVE lies on this distribution: 79% of detached houses are smaller than 15 ELTHAM DRIVE, and 20% of houses are larger. Note that EPC data is not available for all properties in Telford.
15 ELTHAM DRIVE sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 15 ELTHAM 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 15 ELTHAM 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.
15 ELTHAM DRIVE is located in PRIORSLEE, in the TF2 postcode district. The below map shows the position of No. 15 on ELTHAM DRIVE.