3, LAKE END DRIVE, TELFORD, TF3 1NU - £185,000

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

3 LAKE END DRIVE is a small extended detached house of 104m², built sometime between 1983 and 1990. It was last sold for £185,000 in June 2014, which was around 13% below the average June 2014 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was C.

3 LAKE END DRIVE Sold Prices

Land registry data shows three sales for 3 LAKE END 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. All of the three 3 LAKE END 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
2014 27 JUN	£185,000	£213,635	13% below HPI
2004 27 FEB	£150,000	£177,154	15% below HPI
1996 15 NOV	£67,000	£73,850	9% below HPI

3 LAKE END 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 3 LAKE END DRIVE sales between November 1996 and June 2014 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 2004 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2014 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 3 LAKE END DRIVE?

3 LAKE END DRIVE is 104m², which includes one extension, according to the EPC inspection conducted in January 2014. 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 LAKE END DRIVE lies on this distribution: 38% of detached houses are smaller than 3 LAKE END DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Telford.

3 LAKE END DRIVE: Plot and Title Map

3 LAKE END DRIVE sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 3 LAKE END 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 LAKE END 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 LAKE END DRIVE?

3 LAKE END DRIVE is located in TELFORD, in the TF3 postcode district. The below map shows the position of No. 3 on LAKE END DRIVE.