3, HORSECHESTNUT DRIVE, TELFORD, TF5 0LN - £265,000

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 HORSECHESTNUT DRIVE is a large extended detached house of 130m², built sometime between 1983 and 1990. It was last sold for £265,000 in June 2017, which was around 12% above the average June 2017 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

3 HORSECHESTNUT DRIVE Sold Prices

Land registry data shows four sales for 3 HORSECHESTNUT 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 3 HORSECHESTNUT 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
2017 23 JUN	£265,000	£237,026	12% above HPI
2007 20 FEB	£275,000	£217,492	26% above HPI
2003 8 APR	£189,000	£159,023	19% above HPI
1995 3 MAR	£100,000	£68,729	45% above HPI

3 HORSECHESTNUT 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 3 HORSECHESTNUT DRIVE sales between March 1995 and June 2017 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 February 2007 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the June 2017 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 3 HORSECHESTNUT DRIVE?

3 HORSECHESTNUT DRIVE is 130m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 30% 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 HORSECHESTNUT DRIVE lies on this distribution: 71% of detached houses are smaller than 3 HORSECHESTNUT DRIVE, and 28% of houses are larger. Note that EPC data is not available for all properties in Telford.

3 HORSECHESTNUT DRIVE: Plot and Title Map

3 HORSECHESTNUT DRIVE sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 3 HORSECHESTNUT 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 HORSECHESTNUT 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 HORSECHESTNUT DRIVE?

3 HORSECHESTNUT DRIVE is located in TELFORD, in the TF5 postcode district. The below map shows the position of No. 3 on HORSECHESTNUT DRIVE.