1, MORGAN WAY, KETLEY, TELFORD, TF1 5FB - £158,000

1 MORGAN WAY is a very small detached house of 87m², built sometime between 1983 and 1990. It was last sold for £158,000 in February 2006, which was around 23% below the average February 2006 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

1 MORGAN WAY Sold Prices

Land registry data shows two sales for 1 MORGAN WAY 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 1 MORGAN WAY 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
2006 24 FEB	£158,000	£206,027	23% below HPI
1999 21 MAY	£58,500	£84,417	31% below HPI

1 MORGAN WAY 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 1 MORGAN WAY sales from May 1999 and February 2006 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 1999 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2006 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 1 MORGAN WAY?

1 MORGAN WAY is 87m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 20% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 1 MORGAN WAY lies on this distribution: 18% of detached houses are smaller than 1 MORGAN WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Telford.

1 MORGAN WAY: Plot and Title Map

1 MORGAN WAY sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 1 MORGAN WAY, 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 1 MORGAN WAY). 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 1 MORGAN WAY?

1 MORGAN WAY is located in KETLEY, in the TF1 postcode district. The below map shows the position of No. 1 on MORGAN WAY.