3, MALORY DRIVE, TELFORD, TF3 1NW - £153,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 MALORY DRIVE is a small extended detached house of 95m², built sometime between 1967 and 1975, which could now be worth an estimated £243,255. It was last sold for £153,000 in August 2013, which was around 28% below the average August 2013 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was May 2012, where the current energy rating was E, and the potential energy rating was B.

3 MALORY DRIVE Sold Prices

Land registry data shows two sales for 3 MALORY 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. Both of the two 3 MALORY 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
2013 12 AUG	£153,000	£211,313	28% below HPI
1996 6 SEP	£52,000	£74,503	30% below HPI

3 MALORY 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 MALORY DRIVE sales from September 1996 and August 2013 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 September 1996 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2013 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 3 MALORY DRIVE be worth now?

3 MALORY DRIVE might now be worth an estimated £243,255.

This is based on house price inflation of 59%, between August 2013 and February 2025, for 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 59% inflationary increase is applied to the most recent sale price for 3 MALORY DRIVE of £153,000 on 12th August 2013. For the value to have increased from £153,000 to £243,255 over the twelve years and six months to February 2025, the following assumptions must hold true:

• The value of 3 MALORY DRIVE has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The August 2013 sale price of £153,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MALORY DRIVE has not materially changed since August 2013.

How Large is 3 MALORY DRIVE?

3 MALORY DRIVE is 95m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the smallest 30% of detached houses houses in Telford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Telford, and where 3 MALORY DRIVE lies on this distribution: 27% of detached houses houses are smaller than 3 MALORY DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Telford.

3 MALORY DRIVE: Plot and Title Map

3 MALORY DRIVE sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 3 MALORY 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 MALORY 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 MALORY DRIVE?

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