54, MAJESTIC WAY, ROWLEY REGIS, B65 9RG - £112,500

54 MAJESTIC WAY is a small detached house of 90m², built sometime between 1983 and 1990. It was last sold for £112,500 in July 2003, which was around 19% below the average July 2003 detached price in the Sandwell local authority area. The most recent EPC inspection was January 2015, where the current energy rating was B, and the potential energy rating was A.

54 MAJESTIC WAY Sold Prices

Land registry data shows two sales for 54 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 Sandwell local authority area for the corresponding sale date. Both of the two 54 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
2003 18 JUL	£112,500	£139,504	19% below HPI
1998 20 MAR	£60,000	£72,604	17% below HPI

54 MAJESTIC WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The two 54 MAJESTIC WAY sales from March 1998 and July 2003 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 March 1998 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2003 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 54 MAJESTIC WAY?

54 MAJESTIC WAY is 90m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 40% of detached houses in Rowley Regis, based on EPC data. The below chart shows the distribution of detached houses by size in Rowley Regis, and where 54 MAJESTIC WAY lies on this distribution: 35% of detached houses are smaller than 54 MAJESTIC WAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

54 MAJESTIC WAY: Plot and Title Map

54 MAJESTIC WAY sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 54 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 54 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 54 MAJESTIC WAY?

54 MAJESTIC WAY is located in ROWLEY REGIS, in the B65 postcode district. The below map shows the position of No. 54 on MAJESTIC WAY.