6, LABURNUM DRIVE, MADELEY, TELFORD, TF7 5SE - £232,000

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

6 LABURNUM DRIVE is a midsized extended detached house of 112m², built sometime between 1976 and 1982. It was last sold for £232,000 in February 2020, which was around 12% below the average February 2020 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

6 LABURNUM DRIVE Sold Prices

Land registry data shows two sales for 6 LABURNUM 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 6 LABURNUM 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
2020 4 FEB	£232,000	£264,843	12% below HPI
1999 8 DEC	£94,500	£88,161	7% above HPI

6 LABURNUM 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 6 LABURNUM DRIVE sales from December 1999 and February 2020 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 1999 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the February 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 6 LABURNUM DRIVE?

6 LABURNUM DRIVE is 112m², which includes one extension, according to the EPC inspection conducted in October 2019. 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 6 LABURNUM DRIVE lies on this distribution: 48% of detached houses are smaller than 6 LABURNUM DRIVE, and 51% of houses are larger. Note that EPC data is not available for all properties in Telford.

6 LABURNUM DRIVE: Plot and Title Map

6 LABURNUM DRIVE sits on a plot of roughly 0.144 of an acre, or 584m². The below map shows the location of 6 LABURNUM 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 6 LABURNUM 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 6 LABURNUM DRIVE?

6 LABURNUM DRIVE is located in MADELEY, in the TF7 postcode district. The below map shows the position of No. 6 on LABURNUM DRIVE.