16, SEVERN DRIVE, WELLINGTON, TELFORD, TF1 3LQ - £235,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 SEVERN DRIVE is a very large extended detached house of 170m², built sometime between 1967 and 1975, which could now be worth an estimated £357,817. It was last sold for £235,000 in November 2015, which was around 7% above the average November 2015 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

16 SEVERN DRIVE Sold Prices

Land registry data shows two sales for 16 SEVERN DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. One of the two 16 SEVERN DRIVE sales was for above the average price, whilst the other was 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
2015 23 NOV	£235,000	£220,650	7% above HPI
2005 14 NOV	£177,500	£198,514	11% below HPI

16 SEVERN 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 two 16 SEVERN DRIVE sales from November 2005 and November 2015 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 November 2005 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2015 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 16 SEVERN DRIVE be worth now?

16 SEVERN DRIVE might now be worth an estimated £357,817.

This is based on house price inflation of 52.3%, between November 2015 and February 2025, for detached houses, in the Telford and Wrekin local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 52.3% inflationary increase is applied to the most recent sale price for 16 SEVERN DRIVE of £235,000 on 23rd November 2015. For the value to have increased from £235,000 to £357,817 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 16 SEVERN DRIVE has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The November 2015 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 16 SEVERN DRIVE has not materially changed since November 2015.

How Large is 16 SEVERN DRIVE?

16 SEVERN DRIVE is 170m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 10% of detached houses houses in Telford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Telford, and where 16 SEVERN DRIVE lies on this distribution: 91% of detached houses houses are smaller than 16 SEVERN DRIVE, and 8% of houses are larger. Note that EPC data is not available for all properties in Telford.

16 SEVERN DRIVE: Plot and Title Map

16 SEVERN DRIVE sits on a plot of roughly 0.134 of an acre, or 544m². The below map shows the location of 16 SEVERN 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 16 SEVERN 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 16 SEVERN DRIVE?

16 SEVERN DRIVE is located in WELLINGTON, in the TF1 postcode district. The below map shows the position of No. 16 on SEVERN DRIVE.