23, MOLLETT DRIVE, IRONBRIDGE, TELFORD, TF8 7BH - £82,250

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.

23 MOLLETT DRIVE is a small semi-detached house of 92m², built in 2018, which could now be worth an estimated £106,977. It was last sold for £82,250 in September 2020, which was around 46% below the average September 2020 semi-detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was November 2019, where the current energy rating was B, and the potential energy rating was A.

23 MOLLETT DRIVE Sold Prices

Land registry data shows two sales for 23 MOLLETT DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Telford and Wrekin local authority area for the corresponding sale date. One of the two 23 MOLLETT DRIVE sales was for below the average price, whilst the other was 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
2020 4 SEP	£82,250	£153,698	46% below HPI
2019 12 DEC	£152,750	£149,882	2% above HPI

23 MOLLETT DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Telford and Wrekin local authority area over time, sourced from the HPI. The two 23 MOLLETT DRIVE sales from December 2019 and September 2020 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 2019 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the September 2020 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 23 MOLLETT DRIVE be worth now?

23 MOLLETT DRIVE might now be worth an estimated £106,977.

This is based on house price inflation of 30.1%, between September 2020 and May 2026, for semi-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 30.1% inflationary increase is applied to the most recent sale price for 23 MOLLETT DRIVE of £82,250 on 4th September 2020. For the value to have increased from £82,250 to £106,977 over the six years and four months to May 2026, the following assumptions must hold true:

• The value of 23 MOLLETT DRIVE has moved in line with the HPI for semi-detached houses in the Telford and Wrekin local authority area.
• The September 2020 sale price of £82,250 represented a fair market value for the property.
• The size, condition, and specification of 23 MOLLETT DRIVE has not materially changed since September 2020.

How Large is 23 MOLLETT DRIVE?

23 MOLLETT DRIVE is 92m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 30% of semi-detached houses houses in Telford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Telford, and where 23 MOLLETT DRIVE lies on this distribution: 23% of semi-detached houses houses are smaller than 23 MOLLETT DRIVE, and 76% of houses are larger. Note that EPC data is not available for all properties in Telford.

23 MOLLETT DRIVE: Plot and Title Map

23 MOLLETT DRIVE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 23 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 23 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 23 MOLLETT DRIVE?

23 MOLLETT DRIVE is located in IRONBRIDGE, in the TF8 postcode district. The below map shows the position of No. 23 on MOLLETT DRIVE.