18, DRAYTON WAY, DAWLEY, TELFORD, TF4 2RF - £198,000

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

18 DRAYTON WAY is a small extended detached house of 105m², built sometime between 1976 and 1982. It was last sold for £198,000 in June 2018, which was around 20% below the average June 2018 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

18 DRAYTON WAY Sold Prices

Land registry data shows two sales for 18 DRAYTON WAY 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. Both of the two 18 DRAYTON WAY 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
2018 25 JUN	£198,000	£248,503	20% below HPI
2006 15 SEP	£165,000	£214,632	23% below HPI

18 DRAYTON WAY 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 18 DRAYTON WAY sales from September 2006 and June 2018 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 September 2006 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2018 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 18 DRAYTON WAY?

18 DRAYTON WAY is 105m², which includes two extensions, according to the EPC inspection conducted in May 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 18 DRAYTON WAY lies on this distribution: 39% of detached houses are smaller than 18 DRAYTON WAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Telford.

18 DRAYTON WAY: Plot and Title Map

18 DRAYTON WAY sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 18 DRAYTON WAY, 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 18 DRAYTON WAY). 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 18 DRAYTON WAY?

18 DRAYTON WAY is located in DAWLEY, in the TF4 postcode district. The below map shows the position of No. 18 on DRAYTON WAY.