24, MORGAN WAY, KETLEY, TELFORD, TF1 5FB - £35,000

24 MORGAN WAY is a midsized detached house of 109m², built sometime between 1983 and 1990. It was last sold for £35,000 in May 2001, which was around 67% below the average May 2001 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

24 MORGAN WAY Sold Prices

Land registry data shows two sales for 24 MORGAN 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 24 MORGAN 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
2001 25 MAY	£35,000	£104,627	67% below HPI
1999 29 JAN	£76,500	£80,427	5% below HPI

24 MORGAN 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 24 MORGAN WAY sales from January 1999 and May 2001 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 January 1999 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2001 sale, where it falls to 67% below the HPI. The line then continues to track at 67% below the HPI.

How Large is 24 MORGAN WAY?

24 MORGAN WAY is 109m² according to the EPC inspection conducted in July 2013. 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 24 MORGAN WAY lies on this distribution: 44% of detached houses are smaller than 24 MORGAN WAY, and 55% of houses are larger. Note that EPC data is not available for all properties in Telford.

24 MORGAN WAY: Plot and Title Map

24 MORGAN WAY sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 24 MORGAN 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 24 MORGAN 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 24 MORGAN WAY?

24 MORGAN WAY is located in KETLEY, in the TF1 postcode district. The below map shows the position of No. 24 on MORGAN WAY.