22, PEARCE DRIVE, TELFORD, TF3 5JQ - £299,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

22 PEARCE DRIVE is a large detached house of 140m², built in 2021, which could now be worth an estimated £351,235. It was last sold for £299,950 in August 2021, which was around 2% above the average August 2021 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was April 2021, where the current energy rating was B, and the potential energy rating was B.

22 PEARCE DRIVE Sold Prices

Land registry data shows two sales for 22 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 22 PEARCE 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
2021 16 AUG	£299,950	£293,493	2% above HPI
2018 25 MAY	£266,950	£243,989	9% above HPI

22 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 22 PEARCE DRIVE sales from May 2018 and August 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 May 2018 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2021 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 22 PEARCE DRIVE be worth now?

22 PEARCE DRIVE might now be worth an estimated £351,235.

This is based on house price inflation of 17.1%, between August 2021 and December 2024, 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 17.1% inflationary increase is applied to the most recent sale price for 22 PEARCE DRIVE of £299,950 on 16th August 2021. For the value to have increased from £299,950 to £351,235 over the two years and eight months to December 2024, the following assumptions must hold true:

• The value of 22 PEARCE DRIVE has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The August 2021 sale price of £299,950 represented a fair market value for the property.
• The size, condition, and specification of 22 PEARCE DRIVE has not materially changed since August 2021.

How Large is 22 PEARCE DRIVE?

22 PEARCE DRIVE is 140m² according to the EPC inspection conducted in April 2021. This puts it in the largest 30% 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 22 PEARCE DRIVE lies on this distribution: 79% of detached houses houses are smaller than 22 PEARCE DRIVE, and 20% of houses are larger. Note that EPC data is not available for all properties in Telford.

22 PEARCE DRIVE: Plot and Title Map

22 PEARCE DRIVE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 22 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 22 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 22 PEARCE DRIVE?

22 PEARCE DRIVE is located in TELFORD, in the TF3 postcode district. The below map shows the position of No. 22 on PEARCE DRIVE.