7, LEES FARM DRIVE, MADELEY, TELFORD, TF7 5SU - £235,000

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

7 LEES FARM DRIVE is a midsized extended detached house of 116m², built sometime between 1976 and 1982. It was last sold for £235,000 in May 2015, which was around 7% above the average May 2015 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

7 LEES FARM DRIVE Sold Prices

Land registry data shows two sales for 7 LEES FARM 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 LEES FARM 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
2015 29 MAY	£235,000	£220,254	7% above HPI
1998 5 JUN	£84,000	£79,722	5% above HPI

7 LEES FARM 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 LEES FARM DRIVE sales from June 1998 and May 2015 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 June 1998 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the May 2015 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 7 LEES FARM DRIVE?

7 LEES FARM DRIVE is 116m², which includes two extensions, according to the EPC inspection conducted in September 2015. This puts it in the largest 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 7 LEES FARM DRIVE lies on this distribution: 54% of detached houses are smaller than 7 LEES FARM DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Telford.

7 LEES FARM DRIVE: Plot and Title Map

7 LEES FARM DRIVE sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of 7 LEES FARM 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 LEES FARM 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 LEES FARM DRIVE?

7 LEES FARM DRIVE is located in MADELEY, in the TF7 postcode district. The below map shows the position of No. 7 on LEES FARM DRIVE.