2, GRESHAM DRIVE, TELFORD, TF3 5ES - £159,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 GRESHAM DRIVE is a small extended semi-detached house of 95m², built sometime between 1991 and 1995, which could now be worth an estimated £273,564. It was last sold for £159,950 in February 2006, which was around 37% above the average February 2006 semi-detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

2 GRESHAM DRIVE Sold Prices

Land registry data shows three sales for 2 GRESHAM DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the three 2 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
2006 27 FEB	£159,950	£117,135	37% above HPI
2005 26 AUG	£145,000	£115,199	26% above HPI
2003 21 NOV	£125,000	£92,334	35% above HPI

2 GRESHAM DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Telford and Wrekin local authority area over time, sourced from the HPI. The three 2 GRESHAM DRIVE sales between November 2003 and February 2006 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 August 2005 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the February 2006 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 2 GRESHAM DRIVE be worth now?

2 GRESHAM DRIVE might now be worth an estimated £273,564.

This is based on house price inflation of 71%, between February 2006 and December 2024, for semi-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 71% inflationary increase is applied to the most recent sale price for 2 GRESHAM DRIVE of £159,950 on 27th February 2006. For the value to have increased from £159,950 to £273,564 over the seventeen years and two months to December 2024, the following assumptions must hold true:

• The value of 2 GRESHAM DRIVE has moved in line with the HPI for semi-detached houses in the Telford and Wrekin local authority area.
• The February 2006 sale price of £159,950 represented a fair market value for the property.
• The size, condition, and specification of 2 GRESHAM DRIVE has not materially changed since February 2006.

How Large is 2 GRESHAM DRIVE?

2 GRESHAM DRIVE is 95m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 30% of semi-detached houses houses in Telford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Telford, and where 2 GRESHAM DRIVE lies on this distribution: 27% of semi-detached houses houses are smaller than 2 GRESHAM DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Telford.

2 GRESHAM DRIVE: Plot and Title Map

2 GRESHAM DRIVE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 2 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 2 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 2 GRESHAM DRIVE?

2 GRESHAM DRIVE is located in TELFORD, in the TF3 postcode district. The below map shows the position of No. 2 on GRESHAM DRIVE.