15, HEREFORD DRIVE, PRIORSLEE, TELFORD, TF2 9US - £388,000

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

15 HEREFORD DRIVE is a large detached house of 130m², built sometime between 1996 and 2002. It was last sold for £388,000 in June 2021, which was around 30% above the average June 2021 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

15 HEREFORD DRIVE Sold Prices

Land registry data shows four sales for 15 HEREFORD DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the four 15 HEREFORD 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
2021 25 JUN	£388,000	£298,294	30% above HPI
2016 2 DEC	£286,500	£240,325	19% above HPI
2006 1 AUG	£245,500	£211,326	16% above HPI
1998 30 APR	£112,500	£79,360	42% above HPI

15 HEREFORD 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 four 15 HEREFORD DRIVE sales between April 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 December 2016 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the June 2021 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 15 HEREFORD DRIVE?

15 HEREFORD DRIVE is 130m² according to the EPC inspection conducted in July 2016. 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 HEREFORD DRIVE lies on this distribution: 71% of detached houses are smaller than 15 HEREFORD DRIVE, and 28% of houses are larger. Note that EPC data is not available for all properties in Telford.

15 HEREFORD DRIVE: Plot and Title Map

15 HEREFORD DRIVE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 15 HEREFORD 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 HEREFORD 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 15 HEREFORD DRIVE?

15 HEREFORD DRIVE is located in PRIORSLEE, in the TF2 postcode district. The below map shows the position of No. 15 on HEREFORD DRIVE.