9, LAKE END DRIVE, TELFORD, TF3 1NU - £170,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

9 LAKE END DRIVE is a small extended detached house of 98m², built sometime between 1983 and 1990. It was last sold for £170,000 in November 2015, which was around 24% below the average November 2015 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

9 LAKE END DRIVE Sold Prices

Land registry data shows four sales for 9 LAKE END DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the four 9 LAKE END 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 16 NOV	£170,000	£223,618	24% below HPI
2008 1 FEB	£170,000	£231,724	27% below HPI
2005 15 JUL	£160,995	£201,395	20% below HPI
2001 21 SEP	£55,000	£112,097	51% below HPI

9 LAKE END 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 four 9 LAKE END DRIVE sales between September 2001 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 February 2008 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2015 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 9 LAKE END DRIVE?

9 LAKE END DRIVE is 98m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the smallest 30% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 9 LAKE END DRIVE lies on this distribution: 30% of detached houses are smaller than 9 LAKE END DRIVE, and 69% of houses are larger. Note that EPC data is not available for all properties in Telford.

9 LAKE END DRIVE: Plot and Title Map

9 LAKE END DRIVE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 9 LAKE END 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 9 LAKE END 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 9 LAKE END DRIVE?

9 LAKE END DRIVE is located in TELFORD, in the TF3 postcode district. The below map shows the position of No. 9 on LAKE END DRIVE.