12, HERMITAGE WAY, MADELEY, TELFORD, TF7 5SZ - £240,000

12 HERMITAGE WAY is a midsized detached house of 107m², built sometime between 1983 and 1990. It was last sold for £240,000 in January 2012, which was around 18% above the average January 2012 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.

12 HERMITAGE WAY Sold Prices

Land registry data shows four sales for 12 HERMITAGE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. Most of the four 12 HERMITAGE WAY 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
2012 20 JAN	£240,000	£202,721	18% above HPI
2008 25 JUN	£217,000	£234,444	7% below HPI
1999 15 JAN	£93,000	£80,427	16% above HPI
1996 11 NOV	£74,500	£73,850	1% above HPI

12 HERMITAGE 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 four 12 HERMITAGE WAY sales between November 1996 and January 2012 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 2008 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2012 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 12 HERMITAGE WAY?

12 HERMITAGE WAY is 107m² according to the EPC inspection conducted in September 2011. 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 12 HERMITAGE WAY lies on this distribution: 43% of detached houses are smaller than 12 HERMITAGE WAY, and 57% of houses are larger. Note that EPC data is not available for all properties in Telford.

12 HERMITAGE WAY: Plot and Title Map

12 HERMITAGE WAY sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 12 HERMITAGE 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 12 HERMITAGE 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 12 HERMITAGE WAY?

12 HERMITAGE WAY is located in MADELEY, in the TF7 postcode district. The below map shows the position of No. 12 on HERMITAGE WAY.