34, MORGAN WAY, KETLEY, TELFORD, TF1 5FB - £140,000

34 MORGAN WAY is a large detached house of 128m², built sometime between 1967 and 1975. It was last sold for £140,000 in September 2013, which was around 34% below the average September 2013 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was B.

34 MORGAN WAY Sold Prices

Land registry data shows two sales for 34 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 34 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
2013 13 SEP	£140,000	£211,972	34% below HPI
1996 27 SEP	£59,995	£75,505	21% below HPI

34 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 34 MORGAN WAY sales from September 1996 and September 2013 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 1996 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2013 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 34 MORGAN WAY?

34 MORGAN WAY is 128m² according to the EPC inspection conducted in April 2015. This puts it in the largest 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 34 MORGAN WAY lies on this distribution: 69% of detached houses are smaller than 34 MORGAN WAY, and 30% of houses are larger. Note that EPC data is not available for all properties in Telford.

34 MORGAN WAY: Plot and Title Map

34 MORGAN WAY sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 34 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 34 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 34 MORGAN WAY?

34 MORGAN WAY is located in KETLEY, in the TF1 postcode district. The below map shows the position of No. 34 on MORGAN WAY.