113, MAJESTIC WAY, TELFORD, TF4 3SL - £212,000

113 MAJESTIC WAY is a small detached house of 90m², built sometime between 1983 and 1990. It was last sold for £212,000 in October 2018, which was around 18% below the average October 2018 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

113 MAJESTIC WAY Sold Prices

Land registry data shows three sales for 113 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 113 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
2018 16 OCT	£212,000	£259,216	18% below HPI
2012 22 JUN	£165,000	£202,689	19% below HPI
1996 16 AUG	£65,000	£74,227	12% below HPI

113 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 113 MAJESTIC WAY sales between August 1996 and October 2018 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 June 2012 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2018 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 113 MAJESTIC WAY?

113 MAJESTIC WAY is 90m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 30% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 113 MAJESTIC WAY lies on this distribution: 21% of detached houses are smaller than 113 MAJESTIC WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Telford.

113 MAJESTIC WAY: Plot and Title Map

113 MAJESTIC WAY sits on a plot of roughly 0.061 of an acre, or 249m². The below map shows the location of 113 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 113 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 113 MAJESTIC WAY?

113 MAJESTIC WAY is located in TELFORD, in the TF4 postcode district. The below map shows the position of No. 113 on MAJESTIC WAY.