129, MAJESTIC WAY, TELFORD, TF4 3TW - £241,000

129 MAJESTIC WAY is a midsized extended detached house of 112m², built sometime between 1983 and 1990. It was last sold for £241,000 in August 2021, which was around 19% below the average August 2021 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

129 MAJESTIC WAY Sold Prices

Land registry data shows two sales for 129 MAJESTIC 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 129 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
2021 13 AUG	£241,000	£297,133	19% below HPI
2015 2 APR	£180,000	£217,081	17% below HPI

129 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 two 129 MAJESTIC WAY sales from April 2015 and August 2021 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 April 2015 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 129 MAJESTIC WAY?

129 MAJESTIC WAY is 112m², which includes one extension, according to the EPC inspection conducted in July 2014. 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 129 MAJESTIC WAY lies on this distribution: 48% of detached houses are smaller than 129 MAJESTIC WAY, and 51% of houses are larger. Note that EPC data is not available for all properties in Telford.

129 MAJESTIC WAY: Plot and Title Map

129 MAJESTIC WAY sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 129 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 129 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 129 MAJESTIC WAY?

129 MAJESTIC WAY is located in TELFORD, in the TF4 postcode district. The below map shows the position of No. 129 on MAJESTIC WAY.