4, LAMBETH DRIVE, PRIORSLEE, TELFORD, TF2 9FF - £212,500

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

4 LAMBETH DRIVE is a midsized detached house of 106m², built sometime between 2003 and 2006. It was last sold for £212,500 in April 2013, which was around 6% above the average April 2013 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.

4 LAMBETH DRIVE Sold Prices

Land registry data shows two sales for 4 LAMBETH DRIVE since 1^st 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. One of the two 4 LAMBETH DRIVE sales was for above the average price, whilst the other 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
2013 12 APR	£212,500	£201,001	6% above HPI
2003 21 FEB	£144,500	£153,334	6% below HPI

4 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 two 4 LAMBETH DRIVE sales from February 2003 and April 2013 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 2003 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the April 2013 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 4 LAMBETH DRIVE?

4 LAMBETH DRIVE is 106m² according to the EPC inspection conducted in May 2011. 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 4 LAMBETH DRIVE lies on this distribution: 40% of detached houses are smaller than 4 LAMBETH DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Telford.

4 LAMBETH DRIVE: Plot and Title Map

4 LAMBETH DRIVE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 4 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 4 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 4 LAMBETH DRIVE?

4 LAMBETH DRIVE is located in PRIORSLEE, in the TF2 postcode district. The below map shows the position of No. 4 on LAMBETH DRIVE.