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
31 DERWENT DRIVE is a midsized detached house of 112m², built sometime between 1983 and 1990. It was last sold for £336,000 in March 2021, which was around 18% above the average March 2021 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 31 DERWENT DRIVE since 1st 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 31 DERWENT 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 |
---|---|---|---|
2021 5 MAR | £336,000 | £285,901 | 18% above HPI |
2014 7 FEB | £207,000 | £205,956 | 1% above HPI |
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 31 DERWENT DRIVE sales from February 2014 and March 2021 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 2014 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the March 2021 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.
31 DERWENT DRIVE is 112m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 50% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 31 DERWENT DRIVE lies on this distribution: 48% of detached houses are smaller than 31 DERWENT DRIVE, and 51% of houses are larger. Note that EPC data is not available for all properties in Telford.
31 DERWENT DRIVE sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 31 DERWENT 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 31 DERWENT 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.
31 DERWENT DRIVE is located in PRIORSLEE, in the TF2 postcode district. The below map shows the position of No. 31 on DERWENT DRIVE.