32, MOLLETT DRIVE, IRONBRIDGE, TELFORD, TF8 7BH - £410,000

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

32 MOLLETT DRIVE is a midsized detached house of 118m², which could now be worth an estimated £421,725. It was last sold for £410,000 in September 2022, which was around 23% above the average September 2022 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was December 2020, where the current energy rating was B, and the potential energy rating was A.

32 MOLLETT DRIVE Sold Prices

Land registry data shows two sales for 32 MOLLETT 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 32 MOLLETT 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
2022 26 SEP	£410,000	£334,119	23% above HPI
2020 18 DEC	£324,950	£276,897	17% above HPI

32 MOLLETT 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 32 MOLLETT DRIVE sales from December 2020 and September 2022 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 December 2020 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the September 2022 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 32 MOLLETT DRIVE be worth now?

32 MOLLETT DRIVE might now be worth an estimated £421,725.

This is based on house price inflation of 2.9%, between September 2022 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 2.9% inflationary increase is applied to the most recent sale price for 32 MOLLETT DRIVE of £410,000 on 26th September 2022. For the value to have increased from £410,000 to £421,725 over the one year and nine months to December 2024, the following assumptions must hold true:

• The value of 32 MOLLETT DRIVE has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The September 2022 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 32 MOLLETT DRIVE has not materially changed since September 2022.

How Large is 32 MOLLETT DRIVE?

32 MOLLETT DRIVE is 118m² according to the EPC inspection conducted in December 2020. This puts it in the largest 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 32 MOLLETT DRIVE lies on this distribution: 57% of detached houses houses are smaller than 32 MOLLETT DRIVE, and 42% of houses are larger. Note that EPC data is not available for all properties in Telford.

32 MOLLETT DRIVE: Plot and Title Map

32 MOLLETT DRIVE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 32 MOLLETT 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 32 MOLLETT 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 32 MOLLETT DRIVE?

32 MOLLETT DRIVE is located in IRONBRIDGE, in the TF8 postcode district. The below map shows the position of No. 32 on MOLLETT DRIVE.