44, MCCORMICK DRIVE, TELFORD, TF1 3LZ - £172,000

44 MCCORMICK DRIVE is a very small extended detached house of 79m², built sometime between 1991 and 1995. It was last sold for £172,000 in April 2017, which was around 29% below the average April 2017 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.

44 MCCORMICK DRIVE Sold Prices

Land registry data shows four sales for 44 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. All of the four 44 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
2017 28 APR	£172,000	£243,206	29% below HPI
2008 15 MAY	£156,000	£234,598	34% below HPI
2003 14 MAR	£125,000	£156,523	20% below HPI
1996 20 DEC	£61,950	£72,969	15% below HPI

44 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 44 MCCORMICK DRIVE sales between December 1996 and April 2017 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 2008 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the April 2017 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 44 MCCORMICK DRIVE?

44 MCCORMICK DRIVE is 79m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 20% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 44 MCCORMICK DRIVE lies on this distribution: 11% of detached houses are smaller than 44 MCCORMICK DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Telford.

44 MCCORMICK DRIVE: Plot and Title Map

44 MCCORMICK DRIVE sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 44 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 44 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 44 MCCORMICK DRIVE?

44 MCCORMICK DRIVE is located in TELFORD, in the TF1 postcode district. The below map shows the position of No. 44 on MCCORMICK DRIVE.