97, MAJESTIC WAY, TELFORD, TF4 3SL - £290,000

97 MAJESTIC WAY is a very small detached house of 87m², built sometime between 1983 and 1990. It was last sold for £290,000 in April 2023, which was around 18% below the average April 2023 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

97 MAJESTIC WAY Sold Prices

Land registry data shows four sales for 97 MAJESTIC WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the four 97 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
2023 28 APR	£290,000	£354,566	18% below HPI
2020 7 AUG	£213,000	£266,548	20% below HPI
2003 19 NOV	£155,000	£172,252	10% below HPI
2000 21 FEB	£76,950	£88,230	13% below HPI

97 MAJESTIC 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 four 97 MAJESTIC WAY sales between February 2000 and April 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 August 2020 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2023 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 97 MAJESTIC WAY?

97 MAJESTIC WAY is 87m² according to the EPC inspection conducted in March 2020. 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 97 MAJESTIC WAY lies on this distribution: 18% of detached houses are smaller than 97 MAJESTIC WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Telford.

97 MAJESTIC WAY: Plot and Title Map

97 MAJESTIC WAY sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 97 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 97 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 97 MAJESTIC WAY?

97 MAJESTIC WAY is located in TELFORD, in the TF4 postcode district. The below map shows the position of No. 97 on MAJESTIC WAY.