36, LAMBETH DRIVE, STIRCHLEY, TELFORD, TF3 1QW - £143,000

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

36 LAMBETH DRIVE is a very small detached house of 64m², built sometime between 1976 and 1982. It was last sold for £143,000 in May 2016, which was around 38% below the average May 2016 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was November 2011, where the current energy rating was E, and the potential energy rating was D.

36 LAMBETH DRIVE Sold Prices

Land registry data shows three sales for 36 LAMBETH 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 36 LAMBETH 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
2016 26 MAY	£143,000	£229,579	38% below HPI
2015 16 JAN	£120,000	£219,899	45% below HPI
2009 3 APR	£114,000	£202,349	44% below HPI

36 LAMBETH 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 36 LAMBETH DRIVE sales between April 2009 and May 2016 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 January 2015 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the May 2016 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 36 LAMBETH DRIVE?

36 LAMBETH DRIVE is 64m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 10% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 36 LAMBETH DRIVE lies on this distribution: 3% of detached houses are smaller than 36 LAMBETH DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Telford.

36 LAMBETH DRIVE: Plot and Title Map

36 LAMBETH DRIVE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 36 LAMBETH 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 36 LAMBETH 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 36 LAMBETH DRIVE?

36 LAMBETH DRIVE is located in STIRCHLEY, in the TF3 postcode district. The below map shows the position of No. 36 on LAMBETH DRIVE.