29, MCCORMICK DRIVE, TELFORD, TF1 3LZ - £79,995

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

29 MCCORMICK DRIVE is a small extended detached house of 105m², built sometime between 1991 and 1995. It was last sold for £79,995 in June 1999, which was around 6% below the average June 1999 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

29 MCCORMICK DRIVE Sold Prices

Land registry data shows three sales for 29 MCCORMICK DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. Two of the three 29 MCCORMICK DRIVE sales were for below the average price, whilst one was 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
1999 30 JUN	£79,995	£85,401	6% below HPI
1999 6 MAY	£72,800	£84,417	14% below HPI
1996 28 JUN	£77,500	£72,833	6% above HPI

29 MCCORMICK 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 three 29 MCCORMICK DRIVE sales between June 1996 and June 1999 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 May 1999 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 1999 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 29 MCCORMICK DRIVE?

29 MCCORMICK DRIVE is 105m², which includes one extension, according to the EPC inspection conducted in September 2016. 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 29 MCCORMICK DRIVE lies on this distribution: 39% of detached houses are smaller than 29 MCCORMICK DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Telford.

29 MCCORMICK DRIVE: Plot and Title Map

29 MCCORMICK DRIVE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 29 MCCORMICK 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 29 MCCORMICK 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 29 MCCORMICK DRIVE?

29 MCCORMICK DRIVE is located in TELFORD, in the TF1 postcode district. The below map shows the position of No. 29 on MCCORMICK DRIVE.