42, MCCORMICK DRIVE, TELFORD, TF1 3LZ - £137,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

42 MCCORMICK DRIVE is a very small extended detached house of 82m², built sometime between 1983 and 1990, which could now be worth an estimated £277,016. It was last sold for £137,000 in November 2003, which was around 19% below the average November 2003 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

42 MCCORMICK DRIVE Sold Prices

Land registry data shows four sales for 42 MCCORMICK DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the four 42 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
2003 28 NOV	£137,000	£169,966	19% below HPI
2002 1 MAR	£87,000	£117,055	26% below HPI
2001 9 MAR	£79,000	£101,763	22% below HPI
1996 29 NOV	£59,995	£72,870	18% below HPI

42 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 four 42 MCCORMICK DRIVE sales between November 1996 and November 2003 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 March 2002 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2003 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 42 MCCORMICK DRIVE be worth now?

42 MCCORMICK DRIVE might now be worth an estimated £277,016.

This is based on house price inflation of 102.2%, between November 2003 and December 2024, 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 102.2% inflationary increase is applied to the most recent sale price for 42 MCCORMICK DRIVE of £137,000 on 28th November 2003. For the value to have increased from £137,000 to £277,016 over the twenty years and eleven months to December 2024, the following assumptions must hold true:

• The value of 42 MCCORMICK DRIVE has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The November 2003 sale price of £137,000 represented a fair market value for the property.
• The size, condition, and specification of 42 MCCORMICK DRIVE has not materially changed since November 2003.

How Large is 42 MCCORMICK DRIVE?

42 MCCORMICK DRIVE is 82m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% 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 42 MCCORMICK DRIVE lies on this distribution: 13% of detached houses houses are smaller than 42 MCCORMICK DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Telford.

42 MCCORMICK DRIVE: Plot and Title Map

42 MCCORMICK DRIVE sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 42 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 42 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 42 MCCORMICK DRIVE?

42 MCCORMICK DRIVE is located in TELFORD, in the TF1 postcode district. The below map shows the position of No. 42 on MCCORMICK DRIVE.