132, MAJESTIC WAY, TELFORD, TF4 3SA - £165,000

132 MAJESTIC WAY is a very small extended detached house of 88m², built sometime between 1983 and 1990. It was last sold for £165,000 in May 2012, which was around 19% below the average May 2012 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

132 MAJESTIC WAY Sold Prices

Land registry data shows two sales for 132 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 132 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
2012 29 MAY	£165,000	£202,835	19% below HPI
2006 25 AUG	£177,000	£211,326	16% below HPI

132 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 132 MAJESTIC WAY sales from August 2006 and May 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 August 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2012 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 132 MAJESTIC WAY?

132 MAJESTIC WAY is 88m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the smallest 20% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 132 MAJESTIC WAY lies on this distribution: 19% of detached houses are smaller than 132 MAJESTIC WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Telford.

132 MAJESTIC WAY: Plot and Title Map

132 MAJESTIC WAY sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 132 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 132 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 132 MAJESTIC WAY?

132 MAJESTIC WAY is located in TELFORD, in the TF4 postcode district. The below map shows the position of No. 132 on MAJESTIC WAY.