8, LAMBETH DRIVE, PRIORSLEE, TELFORD, TF2 9FF - £377,500

8 LAMBETH DRIVE is a very large extended detached house of 175m², built sometime between 2003 and 2006. It was last sold for £377,500 in September 2018, which was around 44% above the average September 2018 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was December 2017, where the current energy rating was C, and the potential energy rating was B.

8 LAMBETH DRIVE Sold Prices

Land registry data shows two sales for 8 LAMBETH DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. Both of the two 8 LAMBETH DRIVE sales were for above 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
2018 6 SEP	£377,500	£261,376	44% above HPI
2004 26 MAR	£318,000	£180,731	76% above HPI

8 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 two 8 LAMBETH DRIVE sales from March 2004 and September 2018 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 2004 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the September 2018 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is 8 LAMBETH DRIVE?

8 LAMBETH DRIVE is 175m², which includes one extension, according to the EPC inspection conducted in December 2017. This puts it in the largest 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 8 LAMBETH DRIVE lies on this distribution: 92% of detached houses are smaller than 8 LAMBETH DRIVE, and 8% of houses are larger. Note that EPC data is not available for all properties in Telford.

8 LAMBETH DRIVE: Plot and Title Map

8 LAMBETH DRIVE sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 8 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 8 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 8 LAMBETH DRIVE?

8 LAMBETH DRIVE is located in PRIORSLEE, in the TF2 postcode district. The below map shows the position of No. 8 on LAMBETH DRIVE.