15, LOWER PARK DRIVE, TELFORD, TF1 3PY - £225,000

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 LOWER PARK DRIVE is a midsized extended detached house of 117m², built sometime between 1991 and 1995. It was last sold for £225,000 in January 2019, which was around 13% below the average January 2019 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was December 2014, where the current energy rating was E, and the potential energy rating was C.

15 LOWER PARK DRIVE Sold Prices

Land registry data shows four sales for 15 LOWER PARK 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 LOWER PARK DRIVE sales were for below 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
2019 4 JAN	£225,000	£257,728	13% below HPI
2015 3 JUN	£199,000	£222,725	11% below HPI
2003 18 JUL	£162,000	£167,328	3% below HPI
1997 23 MAY	£68,000	£74,042	8% below HPI

15 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 four 15 LOWER PARK DRIVE sales between May 1997 and January 2019 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 2015 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the January 2019 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 15 LOWER PARK DRIVE?

15 LOWER PARK DRIVE is 117m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the largest 50% 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 LOWER PARK DRIVE lies on this distribution: 55% of detached houses are smaller than 15 LOWER PARK DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Telford.

15 LOWER PARK DRIVE: Plot and Title Map

15 LOWER PARK DRIVE sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 15 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 15 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 15 LOWER PARK DRIVE?

15 LOWER PARK DRIVE is located in TELFORD, in the TF1 postcode district. The below map shows the position of No. 15 on LOWER PARK DRIVE.