18, GRESHAM DRIVE, TELFORD, TF3 5ES - £211,000

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

18 GRESHAM DRIVE is a midsized detached house of 116m², built sometime between 2003 and 2006. It was last sold for £211,000 in August 2005, which was around 4% above the average August 2005 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

18 GRESHAM DRIVE Sold Prices

Land registry data shows two sales for 18 GRESHAM 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. Both of the two 18 GRESHAM 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
2005 18 AUG	£211,000	£203,053	4% above HPI
2001 26 JUN	£141,950	£105,356	35% above HPI

18 GRESHAM 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 18 GRESHAM DRIVE sales from June 2001 and August 2005 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 2001 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the August 2005 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 18 GRESHAM DRIVE?

18 GRESHAM DRIVE is 116m² according to the EPC inspection conducted in May 2012. 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 18 GRESHAM DRIVE lies on this distribution: 54% of detached houses are smaller than 18 GRESHAM DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Telford.

18 GRESHAM DRIVE: Plot and Title Map

18 GRESHAM DRIVE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 18 GRESHAM 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 18 GRESHAM 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 18 GRESHAM DRIVE?

18 GRESHAM DRIVE is located in TELFORD, in the TF3 postcode district. The below map shows the position of No. 18 on GRESHAM DRIVE.