3, CHESTNUT DRIVE, WELLINGTON, TELFORD, TF1 3NJ - £170,000

3 CHESTNUT DRIVE is a very small detached house of 58m², built sometime between 1950 and 1966. It was last sold for £170,000 in January 2015, which was around 23% below the average January 2015 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was October 2010, where the current energy rating was F, and the potential energy rating was E.

3 CHESTNUT DRIVE Sold Prices

Land registry data shows three sales for 3 CHESTNUT 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. All of the three 3 CHESTNUT 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 30 JAN	£170,000	£219,899	23% below HPI
2011 4 MAR	£135,000	£212,585	36% below HPI
2002 20 NOV	£103,000	£148,816	31% below HPI

3 CHESTNUT 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 3 CHESTNUT DRIVE sales between November 2002 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 March 2011 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the January 2015 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 3 CHESTNUT DRIVE?

3 CHESTNUT DRIVE is 58m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 10% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 3 CHESTNUT DRIVE lies on this distribution: 2% of detached houses are smaller than 3 CHESTNUT DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Telford.

3 CHESTNUT DRIVE: Plot and Title Map

3 CHESTNUT DRIVE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 3 CHESTNUT 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 3 CHESTNUT 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 3 CHESTNUT DRIVE?

3 CHESTNUT DRIVE is located in WELLINGTON, in the TF1 postcode district. The below map shows the position of No. 3 on CHESTNUT DRIVE.