127, MAJESTIC WAY, TELFORD, TF4 3TW - £274,950

127 MAJESTIC WAY is a small extended detached house of 93m², built sometime between 1983 and 1990. It was last sold for £274,950 in May 2022, which was around 16% below the average May 2022 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

127 MAJESTIC WAY Sold Prices

Land registry data shows four sales for 127 MAJESTIC 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. All of the four 127 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
2022 27 MAY	£274,950	£326,573	16% below HPI
2011 31 AUG	£166,500	£205,993	19% below HPI
2007 4 OCT	£178,000	£232,737	24% below HPI
1997 8 DEC	£59,950	£78,528	24% below HPI

127 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 four 127 MAJESTIC WAY sales between December 1997 and May 2022 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 August 2011 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2022 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 127 MAJESTIC WAY?

127 MAJESTIC WAY is 93m², which includes one extension, according to the EPC inspection conducted in February 2022. 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 127 MAJESTIC WAY lies on this distribution: 24% of detached houses are smaller than 127 MAJESTIC WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Telford.

127 MAJESTIC WAY: Plot and Title Map

127 MAJESTIC WAY sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 127 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 127 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 127 MAJESTIC WAY?

127 MAJESTIC WAY is located in TELFORD, in the TF4 postcode district. The below map shows the position of No. 127 on MAJESTIC WAY.