21, PEARCE DRIVE, TELFORD, TF3 5JQ - £247,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

21 PEARCE DRIVE is a midsized detached house of 112m², which could now be worth an estimated £296,818. It was last sold for £247,500 in February 2021, which was around 12% below the average February 2021 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

21 PEARCE DRIVE Sold Prices

Land registry data shows two sales for 21 PEARCE 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 21 PEARCE 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
2021 12 FEB	£247,500	£280,144	12% below HPI
2018 18 JUN	£241,950	£245,205	1% below HPI

21 PEARCE 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 21 PEARCE DRIVE sales from June 2018 and February 2021 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 June 2018 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 2021 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 21 PEARCE DRIVE be worth now?

21 PEARCE DRIVE might now be worth an estimated £296,818.

This is based on house price inflation of 19.9%, between February 2021 and February 2025, for detached houses, in the Telford and Wrekin local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.9% inflationary increase is applied to the most recent sale price for 21 PEARCE DRIVE of £247,500 on 12th February 2021. For the value to have increased from £247,500 to £296,818 over the four years to February 2025, the following assumptions must hold true:

• The value of 21 PEARCE DRIVE has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The February 2021 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 21 PEARCE DRIVE has not materially changed since February 2021.

How Large is 21 PEARCE DRIVE?

21 PEARCE DRIVE is 112m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 50% of detached houses houses in Telford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Telford, and where 21 PEARCE DRIVE lies on this distribution: 48% of detached houses houses are smaller than 21 PEARCE DRIVE, and 51% of houses are larger. Note that EPC data is not available for all properties in Telford.

21 PEARCE DRIVE: Plot and Title Map

21 PEARCE DRIVE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 21 PEARCE 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 21 PEARCE 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 21 PEARCE DRIVE?

21 PEARCE DRIVE is located in TELFORD, in the TF3 postcode district. The below map shows the position of No. 21 on PEARCE DRIVE.