36, MCCORMICK DRIVE, TELFORD, TF1 3LZ - £145,000

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.

36 MCCORMICK DRIVE is a very small semi-detached house of 69m², built sometime between 1983 and 1990, which could now be worth an estimated £215,881. It was last sold for £145,000 in November 2016, which was around 10% above the average November 2016 semi-detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

36 MCCORMICK DRIVE Sold Prices

Land registry data shows four sales for 36 MCCORMICK DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the four 36 MCCORMICK 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
2016 28 NOV	£145,000	£131,319	10% above HPI
2004 22 SEP	£136,000	£111,367	22% above HPI
2001 23 MAR	£69,995	£52,913	32% above HPI
1996 10 MAY	£58,000	£39,152	48% above HPI

36 MCCORMICK DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Telford and Wrekin local authority area over time, sourced from the HPI. The four 36 MCCORMICK DRIVE sales between May 1996 and November 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 September 2004 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the November 2016 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 36 MCCORMICK DRIVE be worth now?

36 MCCORMICK DRIVE might now be worth an estimated £215,881.

This is based on house price inflation of 48.9%, between November 2016 and February 2025, for semi-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 48.9% inflationary increase is applied to the most recent sale price for 36 MCCORMICK DRIVE of £145,000 on 28th November 2016. For the value to have increased from £145,000 to £215,881 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 36 MCCORMICK DRIVE has moved in line with the HPI for semi-detached houses in the Telford and Wrekin local authority area.
• The November 2016 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 36 MCCORMICK DRIVE has not materially changed since November 2016.

How Large is 36 MCCORMICK DRIVE?

36 MCCORMICK DRIVE is 69m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 10% of semi-detached houses houses in Telford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Telford, and where 36 MCCORMICK DRIVE lies on this distribution: 5% of semi-detached houses houses are smaller than 36 MCCORMICK DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Telford.

36 MCCORMICK DRIVE: Plot and Title Map

36 MCCORMICK DRIVE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 36 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 36 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 36 MCCORMICK DRIVE?

36 MCCORMICK DRIVE is located in TELFORD, in the TF1 postcode district. The below map shows the position of No. 36 on MCCORMICK DRIVE.