2, GREAT WESTERN DRIVE, HORSEHAY, TELFORD, TF4 3UG - £240,000

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

2 GREAT WESTERN DRIVE is a very small extended detached house of 69m², built sometime between 1996 and 2002. It was last sold for £240,000 in November 2023, which was around 30% below the average November 2023 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

2 GREAT WESTERN DRIVE Sold Prices

Land registry data shows four sales for 2 GREAT WESTERN 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 2 GREAT WESTERN 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
2023 28 NOV	£240,000	£341,531	30% below HPI
2010 22 OCT	£147,000	£217,489	32% below HPI
2005 9 AUG	£149,500	£203,053	26% below HPI
1995 14 JUL	£62,000	£71,255	13% below HPI

2 GREAT WESTERN 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 2 GREAT WESTERN DRIVE sales between July 1995 and November 2023 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 October 2010 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2023 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 GREAT WESTERN DRIVE?

2 GREAT WESTERN DRIVE is 69m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 10% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 2 GREAT WESTERN DRIVE lies on this distribution: 6% of detached houses are smaller than 2 GREAT WESTERN DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Telford.

2 GREAT WESTERN DRIVE: Plot and Title Map

2 GREAT WESTERN DRIVE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 2 GREAT WESTERN 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 2 GREAT WESTERN 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 2 GREAT WESTERN DRIVE?

2 GREAT WESTERN DRIVE is located in HORSEHAY, in the TF4 postcode district. The below map shows the position of No. 2 on GREAT WESTERN DRIVE.