14, MILLERS WAY, MUXTON, TELFORD, TF2 8QR - £130,000

14 MILLERS WAY is a very small detached house of 69m², built sometime between 1983 and 1990. It was last sold for £130,000 in February 2016, which was around 43% below the average February 2016 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

14 MILLERS WAY Sold Prices

Land registry data shows six sales for 14 MILLERS WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the six 14 MILLERS 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
2016 19 FEB	£130,000	£228,736	43% below HPI
2015 11 SEP	£140,000	£223,381	37% below HPI
2006 22 SEP	£155,000	£214,632	28% below HPI
2003 6 JUN	£90,000	£167,145	46% below HPI
2001 19 OCT	£79,950	£112,502	29% below HPI
1997 28 NOV	£58,000	£78,489	26% below HPI

14 MILLERS 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 six 14 MILLERS WAY sales between November 1997 and February 2016 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 September 2015 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2016 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 14 MILLERS WAY?

14 MILLERS WAY is 69m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 14 MILLERS WAY lies on this distribution: 6% of detached houses are smaller than 14 MILLERS WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Telford.

14 MILLERS WAY: Plot and Title Map

14 MILLERS WAY sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 14 MILLERS 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 14 MILLERS 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 14 MILLERS WAY?

14 MILLERS WAY is located in MUXTON, in the TF2 postcode district. The below map shows the position of No. 14 on MILLERS WAY.