103, MAJESTIC WAY, TELFORD, TF4 3SL - £220,000

103 MAJESTIC WAY is a midsized extended detached house of 112m², built sometime between 1983 and 1990. It was last sold for £220,000 in June 2020, which was around 15% below the average June 2020 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was B.

103 MAJESTIC WAY Sold Prices

Land registry data shows three sales for 103 MAJESTIC WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the three 103 MAJESTIC 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
2020 1 JUN	£220,000	£257,821	15% below HPI
2015 26 NOV	£177,500	£223,618	21% below HPI
2002 5 DEC	£126,500	£150,137	16% below HPI

103 MAJESTIC 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 three 103 MAJESTIC WAY sales between December 2002 and June 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 November 2015 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2020 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 103 MAJESTIC WAY?

103 MAJESTIC WAY is 112m², which includes two extensions, according to the EPC inspection conducted in May 2020. This puts it in the smallest 50% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 103 MAJESTIC WAY lies on this distribution: 48% of detached houses are smaller than 103 MAJESTIC WAY, and 51% of houses are larger. Note that EPC data is not available for all properties in Telford.

103 MAJESTIC WAY: Plot and Title Map

103 MAJESTIC WAY sits on a plot of roughly 0.082 of an acre, or 334m². The below map shows the location of 103 MAJESTIC 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 103 MAJESTIC 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 103 MAJESTIC WAY?

103 MAJESTIC WAY is located in TELFORD, in the TF4 postcode district. The below map shows the position of No. 103 on MAJESTIC WAY.