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
5 BUTTERMERE DRIVE is a midsized extended detached house of 109m², built sometime between 1983 and 1990. It was last sold for £283,000 in February 2021, which was about the average February 2021 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 C.
Land registry data shows three sales for 5 BUTTERMERE DRIVE since 1st 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. The three 5 BUTTERMERE DRIVE sales were a mix of roughly equal to the average price, and 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 |
---|---|---|---|
2021 4 FEB | £283,000 | £283,912 | Close to HPI |
2010 22 DEC | £190,000 | £215,202 | 12% below HPI |
2004 12 AUG | £175,000 | £197,374 | 11% below HPI |
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 5 BUTTERMERE DRIVE sales between August 2004 and February 2021 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 December 2010 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2021 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.
5 BUTTERMERE DRIVE is 109m², which includes one extension, according to the EPC inspection conducted in August 2020. 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 5 BUTTERMERE DRIVE lies on this distribution: 44% of detached houses are smaller than 5 BUTTERMERE DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Telford.
5 BUTTERMERE DRIVE sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 5 BUTTERMERE 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 5 BUTTERMERE 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.
5 BUTTERMERE DRIVE is located in PRIORSLEE, in the TF2 postcode district. The below map shows the position of No. 5 on BUTTERMERE DRIVE.