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

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

5 LOWER PARK DRIVE is a large detached house of 138m², built sometime between 1991 and 1995, which could now be worth an estimated £338,974. It was last sold for £192,000 in May 2005, which was around 1% 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	£194,662	1% below HPI
2003 12 DEC	£173,000	£169,589	2% 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 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the May 2005 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 5 LOWER PARK DRIVE be worth now?

5 LOWER PARK DRIVE might now be worth an estimated £338,974.

This is based on house price inflation of 76.5%, between May 2005 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 76.5% inflationary increase is applied to the most recent sale price for 5 LOWER PARK DRIVE of £192,000 on 27th May 2005. For the value to have increased from £192,000 to £338,974 over the eighteen years and five months to December 2024, the following assumptions must hold true:

• The value of 5 LOWER PARK DRIVE has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The May 2005 sale price of £192,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LOWER PARK DRIVE has not materially changed since May 2005.

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 houses in Telford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Telford, and where 5 LOWER PARK DRIVE lies on this distribution: 77% of detached houses 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.