3, HERBERT OWEN DRIVE, PRIORSLEE, TELFORD, TF2 9XE - £335,000

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

3 HERBERT OWEN DRIVE is a small detached house of 99m², built in 2021. It was last sold for £335,000 in April 2023, which was around 3% below the average April 2023 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was July 2022, where the current energy rating was B, and the potential energy rating was A.

3 HERBERT OWEN DRIVE Sold Prices

Land registry data shows two sales for 3 HERBERT OWEN 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. One of the two 3 HERBERT OWEN DRIVE sales was for below the average price, whilst the other 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
2023 21 APR	£335,000	£344,803	3% below HPI
2022 6 JUL	£335,995	£330,530	2% above HPI

3 HERBERT OWEN 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 3 HERBERT OWEN DRIVE sales from July 2022 and April 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 July 2022 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the April 2023 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 3 HERBERT OWEN DRIVE?

3 HERBERT OWEN DRIVE is 99m² according to the EPC inspection conducted in July 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 3 HERBERT OWEN DRIVE lies on this distribution: 31% of detached houses are smaller than 3 HERBERT OWEN DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Telford.

3 HERBERT OWEN DRIVE: Plot and Title Map

3 HERBERT OWEN DRIVE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 3 HERBERT OWEN 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 3 HERBERT OWEN 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 3 HERBERT OWEN DRIVE?

3 HERBERT OWEN DRIVE is located in PRIORSLEE, in the TF2 postcode district. The below map shows the position of No. 3 on HERBERT OWEN DRIVE.