56, MAJESTIC WAY, ROWLEY REGIS, B65 9RG - £165,000

56 MAJESTIC WAY is a midsized detached house of 94m², built sometime between 1983 and 1990. It was last sold for £165,000 in January 2006, which was around 9% below the average January 2006 detached price in the Sandwell local authority area. The most recent EPC inspection was September 2014, where the current energy rating was B, and the potential energy rating was A.

56 MAJESTIC WAY Sold Prices

Land registry data shows two sales for 56 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 56 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
2006 26 JAN	£165,000	£181,954	9% below HPI
2005 11 NOV	£156,750	£179,608	13% below HPI

56 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 56 MAJESTIC WAY sales from November 2005 and January 2006 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 November 2005 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the January 2006 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 56 MAJESTIC WAY?

56 MAJESTIC WAY is 94m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 50% 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 56 MAJESTIC WAY lies on this distribution: 40% of detached houses are smaller than 56 MAJESTIC WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

56 MAJESTIC WAY: Plot and Title Map

56 MAJESTIC WAY sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 56 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 56 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 56 MAJESTIC WAY?

56 MAJESTIC WAY is located in ROWLEY REGIS, in the B65 postcode district. The below map shows the position of No. 56 on MAJESTIC WAY.