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
7 CADFAEL DRIVE is a very small detached house of 89m², built sometime between 1996 and 2002. It was last sold for £220,000 in July 2021, which was around 26% below the average July 2021 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 7 CADFAEL DRIVE since 1st 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 7 CADFAEL 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 |
---|---|---|---|
2021 29 JUL | £220,000 | £296,072 | 26% below HPI |
1998 30 JAN | £79,995 | £77,659 | 3% above 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 two 7 CADFAEL DRIVE sales from January 1998 and July 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 January 1998 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the July 2021 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.
7 CADFAEL DRIVE is 89m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 20% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 7 CADFAEL DRIVE lies on this distribution: 20% of detached houses are smaller than 7 CADFAEL DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Telford.
7 CADFAEL DRIVE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 7 CADFAEL 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 7 CADFAEL 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.
7 CADFAEL DRIVE is located in TELFORD, in the TF3 postcode district. The below map shows the position of No. 7 on CADFAEL DRIVE.