31, MCCORMICK DRIVE, TELFORD, TF1 3LZ - £255,000

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.

31 MCCORMICK DRIVE is a small extended detached house of 102m², built sometime between 1991 and 1995, which could now be worth an estimated £254,811. It was last sold for £255,000 in October 2023, which was around 24% below the average October 2023 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

31 MCCORMICK DRIVE Sold Prices

Land registry data shows five sales for 31 MCCORMICK DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. Most of the five 31 MCCORMICK 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
2023 27 OCT	£255,000	£336,216	24% below HPI
2019 4 FEB	£215,000	£254,299	15% below HPI
1999 1 OCT	£76,250	£86,797	12% below HPI
1999 28 MAY	£78,000	£83,297	6% below HPI
1996 15 NOV	£75,500	£72,870	4% above HPI

31 MCCORMICK 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 five 31 MCCORMICK DRIVE sales between November 1996 and October 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 February 2019 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2023 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 31 MCCORMICK DRIVE be worth now?

31 MCCORMICK DRIVE might now be worth an estimated £254,811.

This is based on house price deflation of 0.1%, between October 2023 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 0.1% deflationary decrease is applied to the most recent sale price for 31 MCCORMICK DRIVE of £255,000 on 27th October 2023. For the value to have decreased from £255,000 to £254,811 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of 31 MCCORMICK DRIVE has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The October 2023 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 31 MCCORMICK DRIVE has not materially changed since October 2023.

How Large is 31 MCCORMICK DRIVE?

31 MCCORMICK DRIVE is 102m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 40% 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 31 MCCORMICK DRIVE lies on this distribution: 36% of detached houses houses are smaller than 31 MCCORMICK DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Telford.

31 MCCORMICK DRIVE: Plot and Title Map

31 MCCORMICK DRIVE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 31 MCCORMICK 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 MCCORMICK 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 31 MCCORMICK DRIVE?

31 MCCORMICK DRIVE is located in TELFORD, in the TF1 postcode district. The below map shows the position of No. 31 on MCCORMICK DRIVE.