10, GRESHAM DRIVE, TELFORD, TF3 5ES - £140,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 GRESHAM DRIVE is a very small terraced house of 82m², built sometime between 1996 and 2002, which could now be worth an estimated £229,189. It was last sold for £140,000 in January 2015, which was around 33% above the average January 2015 terraced price in the Telford and Wrekin local authority area. The most recent EPC inspection was January 2009, where the current energy rating was C, and the potential energy rating was C.

10 GRESHAM DRIVE Sold Prices

Land registry data shows two sales for 10 GRESHAM DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Telford and Wrekin local authority area for the corresponding sale date. Both of the two 10 GRESHAM 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 30 JAN	£140,000	£104,956	33% above HPI
2000 18 AUG	£80,000	£39,957	100% above HPI

10 GRESHAM DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Telford and Wrekin local authority area over time, sourced from the HPI. The two 10 GRESHAM DRIVE sales from August 2000 and January 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 August 2000 sale was for 100% above the HPI. So the extrapolation line tracks at 100% above the HPI over time, until the January 2015 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 10 GRESHAM DRIVE be worth now?

10 GRESHAM DRIVE might now be worth an estimated £229,189.

This is based on house price inflation of 63.7%, between January 2015 and April 2026, for terraced 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 63.7% inflationary increase is applied to the most recent sale price for 10 GRESHAM DRIVE of £140,000 on 30th January 2015. For the value to have increased from £140,000 to £229,189 over the ten years and nine months to April 2026, the following assumptions must hold true:

• The value of 10 GRESHAM DRIVE has moved in line with the HPI for terraced houses in the Telford and Wrekin local authority area.
• The January 2015 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 10 GRESHAM DRIVE has not materially changed since January 2015.

How Large is 10 GRESHAM DRIVE?

10 GRESHAM DRIVE is 82m² according to the EPC inspection conducted in January 2009. This puts it in the smallest 20% of terraced houses houses in Telford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Telford, and where 10 GRESHAM DRIVE lies on this distribution: 13% of terraced houses houses are smaller than 10 GRESHAM DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Telford.

10 GRESHAM DRIVE: Plot and Title Map

10 GRESHAM DRIVE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 10 GRESHAM 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 10 GRESHAM 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 10 GRESHAM DRIVE?

10 GRESHAM DRIVE is located in TELFORD, in the TF3 postcode district. The below map shows the position of No. 10 on GRESHAM DRIVE.