125, MAJESTIC WAY, TELFORD, TF4 3TW - £194,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

125 MAJESTIC WAY is a small extended detached house of 98m², built sometime between 1991 and 1995. It was last sold for £194,000 in May 2006, which was around 6% below the average May 2006 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

125 MAJESTIC WAY Sold Prices

Land registry data shows three sales for 125 MAJESTIC WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the three 125 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 4 MAY	£194,000	£207,199	6% below HPI
2005 25 AUG	£185,000	£203,053	9% below HPI
2000 7 JAN	£81,500	£87,253	7% below HPI

125 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 three 125 MAJESTIC WAY sales between January 2000 and May 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 August 2005 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2006 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 125 MAJESTIC WAY?

125 MAJESTIC WAY is 98m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the smallest 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 125 MAJESTIC WAY lies on this distribution: 30% of detached houses are smaller than 125 MAJESTIC WAY, and 69% of houses are larger. Note that EPC data is not available for all properties in Telford.

125 MAJESTIC WAY: Plot and Title Map

125 MAJESTIC WAY sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 125 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 125 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 125 MAJESTIC WAY?

125 MAJESTIC WAY is located in TELFORD, in the TF4 postcode district. The below map shows the position of No. 125 on MAJESTIC WAY.