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 WESTERKIRK DRIVE is a very small detached house of 82m², built sometime between 1976 and 1982. It was last sold for £185,000 in December 2017, which was around 25% below the average December 2017 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 8 WESTERKIRK DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the three 8 WESTERKIRK 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 |
---|---|---|---|
2017 14 DEC | £185,000 | £247,722 | 25% below HPI |
1997 11 JUL | £53,000 | £76,536 | 31% below HPI |
1995 22 DEC | £50,000 | £70,565 | 29% below 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 three 8 WESTERKIRK DRIVE sales between December 1995 and December 2017 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 July 1997 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2017 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.
8 WESTERKIRK DRIVE is 82m² according to the EPC inspection conducted in August 2017. 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 8 WESTERKIRK DRIVE lies on this distribution: 13% of detached houses are smaller than 8 WESTERKIRK DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Telford.
8 WESTERKIRK DRIVE sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 8 WESTERKIRK 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 WESTERKIRK 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.
8 WESTERKIRK DRIVE is located in MADELEY, in the TF7 postcode district. The below map shows the position of No. 8 on WESTERKIRK DRIVE.