7, EXETER DRIVE, WELLINGTON, TELFORD, TF1 3PR - £260,000

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

7 EXETER DRIVE is a large extended detached house of 141m², built sometime between 1991 and 1995, which could now be worth an estimated £388,420. It was last sold for £260,000 in August 2016, which was around 13% above the average August 2016 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was C.

7 EXETER DRIVE Sold Prices

Land registry data shows two sales for 7 EXETER 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. Both of the two 7 EXETER DRIVE sales were 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
2016 22 AUG	£260,000	£230,048	13% above HPI
2005 17 NOV	£275,000	£198,514	39% above HPI

7 EXETER 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 7 EXETER DRIVE sales from November 2005 and August 2016 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 November 2005 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the August 2016 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 7 EXETER DRIVE be worth now?

7 EXETER DRIVE might now be worth an estimated £388,420.

This is based on house price inflation of 49.4%, between August 2016 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 49.4% inflationary increase is applied to the most recent sale price for 7 EXETER DRIVE of £260,000 on 22nd August 2016. For the value to have increased from £260,000 to £388,420 over the seven years and eight months to December 2024, the following assumptions must hold true:

• The value of 7 EXETER DRIVE has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The August 2016 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 7 EXETER DRIVE has not materially changed since August 2016.

How Large is 7 EXETER DRIVE?

7 EXETER DRIVE is 141m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the largest 20% 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 7 EXETER DRIVE lies on this distribution: 80% of detached houses houses are smaller than 7 EXETER DRIVE, and 20% of houses are larger. Note that EPC data is not available for all properties in Telford.

7 EXETER DRIVE: Plot and Title Map

7 EXETER DRIVE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 7 EXETER 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 EXETER 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 7 EXETER DRIVE?

7 EXETER DRIVE is located in WELLINGTON, in the TF1 postcode district. The below map shows the position of No. 7 on EXETER DRIVE.