5, LOWER PARK DRIVE, TELFORD, TF1 3PY - £192,000

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

5 LOWER PARK DRIVE is a large detached house of 138m², built sometime between 1991 and 1995. It was last sold for £192,000 in May 2005, which was around 3% below the average May 2005 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

5 LOWER PARK DRIVE Sold Prices

Land registry data shows two sales for 5 LOWER PARK 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 5 LOWER PARK DRIVE sales was for below the average price, whilst the other was 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
2005 27 MAY	£192,000	£197,280	3% below HPI
2003 12 DEC	£173,000	£171,870	1% above HPI

5 LOWER PARK 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 5 LOWER PARK DRIVE sales from December 2003 and May 2005 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 2003 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2005 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 5 LOWER PARK DRIVE?

5 LOWER PARK DRIVE is 138m² according to the EPC inspection conducted in March 2012. 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 5 LOWER PARK DRIVE lies on this distribution: 77% of detached houses are smaller than 5 LOWER PARK DRIVE, and 23% of houses are larger. Note that EPC data is not available for all properties in Telford.

5 LOWER PARK DRIVE: Plot and Title Map

5 LOWER PARK DRIVE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 5 LOWER PARK 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 LOWER PARK 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 5 LOWER PARK DRIVE?

5 LOWER PARK DRIVE is located in TELFORD, in the TF1 postcode district. The below map shows the position of No. 5 on LOWER PARK DRIVE.