27, MCCORMICK DRIVE, TELFORD, TF1 3LZ - £183,000

27 MCCORMICK DRIVE is a midsized detached house of 117m², built sometime between 1991 and 1995. It was last sold for £183,000 in August 2016, which was around 22% below the average August 2016 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

27 MCCORMICK DRIVE Sold Prices

Land registry data shows four sales for 27 MCCORMICK 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. Most of the four 27 MCCORMICK 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
2016 26 AUG	£183,000	£233,142	22% below HPI
2004 28 MAY	£169,950	£181,633	6% below HPI
1999 24 AUG	£76,000	£86,977	13% below HPI
1996 16 FEB	£77,500	£70,682	10% above HPI

27 MCCORMICK 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 27 MCCORMICK DRIVE sales between February 1996 and August 2016 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 2004 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2016 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 27 MCCORMICK DRIVE?

27 MCCORMICK DRIVE is 117m² according to the EPC inspection conducted in September 2016. 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 27 MCCORMICK DRIVE lies on this distribution: 55% of detached houses are smaller than 27 MCCORMICK DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Telford.

27 MCCORMICK DRIVE: Plot and Title Map

27 MCCORMICK DRIVE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 27 MCCORMICK 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 27 MCCORMICK 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 27 MCCORMICK DRIVE?

27 MCCORMICK DRIVE is located in TELFORD, in the TF1 postcode district. The below map shows the position of No. 27 on MCCORMICK DRIVE.