8, MILLSTREAM WAY, LEEGOMERY, TELFORD, TF1 6QR - £185,000

8 MILLSTREAM WAY is a very small detached house of 87m², built sometime between 1967 and 1975. It was last sold for £185,000 in August 2023, which was around 48% below the average August 2023 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

8 MILLSTREAM WAY Sold Prices

Land registry data shows two sales for 8 MILLSTREAM 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 8 MILLSTREAM 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
2023 8 AUG	£185,000	£356,949	48% below HPI
2006 16 JUN	£124,995	£207,591	40% below HPI

8 MILLSTREAM 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 8 MILLSTREAM WAY sales from June 2006 and August 2023 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 June 2006 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the August 2023 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 8 MILLSTREAM WAY?

8 MILLSTREAM WAY is 87m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 20% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 8 MILLSTREAM WAY lies on this distribution: 18% of detached houses are smaller than 8 MILLSTREAM WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Telford.

8 MILLSTREAM WAY: Plot and Title Map

8 MILLSTREAM WAY sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 8 MILLSTREAM 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 8 MILLSTREAM 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 8 MILLSTREAM WAY?

8 MILLSTREAM WAY is located in LEEGOMERY, in the TF1 postcode district. The below map shows the position of No. 8 on MILLSTREAM WAY.