51, LAMBETH DRIVE, STIRCHLEY, TELFORD, TF3 1QW - £156,000

51 LAMBETH DRIVE is a very small extended detached house of 70m², built sometime between 1991 and 1995. It was last sold for £156,000 in July 2023, which was around 57% below the average July 2023 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

51 LAMBETH DRIVE Sold Prices

Land registry data shows four sales for 51 LAMBETH 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 51 LAMBETH 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
2023 28 JUL	£156,000	£361,462	57% below HPI
2023 15 MAY	£146,800	£356,913	59% below HPI
2018 13 AUG	£165,000	£257,857	36% below HPI
2004 23 JUL	£132,000	£191,272	31% below HPI

51 LAMBETH 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 51 LAMBETH DRIVE sales between July 2004 and July 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 2023 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the July 2023 sale, where it rises to 57% below the HPI. The line then continues to track at 57% below the HPI.

How Large is 51 LAMBETH DRIVE?

51 LAMBETH DRIVE is 70m², which includes one extension, according to the EPC inspection conducted in June 2023. 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 51 LAMBETH DRIVE lies on this distribution: 6% of detached houses are smaller than 51 LAMBETH DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Telford.

51 LAMBETH DRIVE: Plot and Title Map

51 LAMBETH DRIVE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 51 LAMBETH 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 51 LAMBETH 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 51 LAMBETH DRIVE?

51 LAMBETH DRIVE is located in STIRCHLEY, in the TF3 postcode district. The below map shows the position of No. 51 on LAMBETH DRIVE.