8, MILL FARM DRIVE, TELFORD, TF3 2NA - £197,000

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

8 MILL FARM DRIVE is a midsized detached house of 119m², built sometime between 1983 and 1990. It was last sold for £197,000 in November 2015, which was around 12% below the average November 2015 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was C.

8 MILL FARM DRIVE Sold Prices

Land registry data shows two sales for 8 MILL 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 8 MILL FARM DRIVE sales were for below 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 6 NOV	£197,000	£223,618	12% below HPI
2006 1 SEP	£200,000	£214,632	7% below HPI

8 MILL 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 8 MILL FARM DRIVE sales from September 2006 and November 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 September 2006 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2015 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 8 MILL FARM DRIVE?

8 MILL FARM DRIVE is 119m² according to the EPC inspection conducted in January 2011. 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 8 MILL FARM DRIVE lies on this distribution: 58% of detached houses are smaller than 8 MILL FARM DRIVE, and 42% of houses are larger. Note that EPC data is not available for all properties in Telford.

8 MILL FARM DRIVE: Plot and Title Map

8 MILL FARM DRIVE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 8 MILL 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 8 MILL 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 8 MILL FARM DRIVE?

8 MILL FARM DRIVE is located in TELFORD, in the TF3 postcode district. The below map shows the position of No. 8 on MILL FARM DRIVE.