14, LEES FARM DRIVE, MADELEY, TELFORD, TF7 5SU - £162,500

14 LEES FARM DRIVE is a large extended detached house of 130m², built sometime between 1983 and 1990. It was last sold for £162,500 in October 2023, which was around 54% below the average October 2023 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was C.

14 LEES FARM DRIVE Sold Prices

Land registry data shows three sales for 14 LEES FARM DRIVE since 1^st 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. One of the three 14 LEES FARM DRIVE sales was for below the average price, whilst two 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
2023 24 OCT	£162,500	£356,829	54% below HPI
2021 17 MAY	£325,000	£291,597	11% above HPI
2008 1 DEC	£250,000	£211,199	18% above HPI

14 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 three 14 LEES FARM DRIVE sales between December 2008 and October 2023 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 May 2021 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the October 2023 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is 14 LEES FARM DRIVE?

14 LEES FARM DRIVE is 130m², which includes three extensions, according to the EPC inspection conducted in March 2021. This puts it in the largest 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 14 LEES FARM DRIVE lies on this distribution: 71% of detached houses are smaller than 14 LEES FARM DRIVE, and 28% of houses are larger. Note that EPC data is not available for all properties in Telford.

14 LEES FARM DRIVE: Plot and Title Map

14 LEES FARM DRIVE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 14 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 14 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 14 LEES FARM DRIVE?

14 LEES FARM DRIVE is located in MADELEY, in the TF7 postcode district. The below map shows the position of No. 14 on LEES FARM DRIVE.