38, MCCORMICK DRIVE, TELFORD, TF1 3LZ - £210,000

38 MCCORMICK DRIVE is a very small detached house of 75m², built sometime between 1996 and 2002. It was last sold for £210,000 in December 2019, which was around 21% below the average December 2019 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

38 MCCORMICK DRIVE Sold Prices

Land registry data shows five sales for 38 MCCORMICK DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the five 38 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
2019 3 DEC	£210,000	£267,083	21% below HPI
2018 11 SEP	£188,000	£261,376	28% below HPI
2006 15 DEC	£165,000	£219,166	25% below HPI
2000 19 MAY	£75,500	£93,551	19% below HPI
1996 20 DEC	£69,950	£72,969	4% below HPI

38 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 five 38 MCCORMICK DRIVE sales between December 1996 and December 2019 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 September 2018 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2019 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 38 MCCORMICK DRIVE?

38 MCCORMICK DRIVE is 75m² according to the EPC inspection conducted in June 2011. 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 38 MCCORMICK DRIVE lies on this distribution: 8% of detached houses are smaller than 38 MCCORMICK DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Telford.

38 MCCORMICK DRIVE: Plot and Title Map

38 MCCORMICK DRIVE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 38 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 38 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 38 MCCORMICK DRIVE?

38 MCCORMICK DRIVE is located in TELFORD, in the TF1 postcode district. The below map shows the position of No. 38 on MCCORMICK DRIVE.