38, LAKE END DRIVE, TELFORD, TF3 1NT - £337,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

38 LAKE END DRIVE is a large detached house of 128m², built sometime between 1983 and 1990. It was last sold for £337,000 in April 2022, which was around 6% above the average April 2022 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was B.

38 LAKE END DRIVE Sold Prices

Land registry data shows three sales for 38 LAKE END 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. Two of the three 38 LAKE END DRIVE sales were for above the average price, whilst one was 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
2022 1 APR	£337,000	£318,213	6% above HPI
2015 17 APR	£190,000	£217,081	12% below HPI
1996 19 FEB	£90,000	£70,682	27% above HPI

38 LAKE END 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 38 LAKE END DRIVE sales between February 1996 and April 2022 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 April 2015 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the April 2022 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 38 LAKE END DRIVE?

38 LAKE END DRIVE is 128m² according to the EPC inspection conducted in December 2021. This puts it in the largest 30% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 38 LAKE END DRIVE lies on this distribution: 69% of detached houses are smaller than 38 LAKE END DRIVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Telford.

38 LAKE END DRIVE: Plot and Title Map

38 LAKE END DRIVE sits on a plot of roughly 0.160 of an acre, or 648m². The below map shows the location of 38 LAKE END 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 38 LAKE END 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 38 LAKE END DRIVE?

38 LAKE END DRIVE is located in TELFORD, in the TF3 postcode district. The below map shows the position of No. 38 on LAKE END DRIVE.