15, HERMITAGE WAY, MADELEY, TELFORD, TF7 5RP - £209,950

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

15 HERMITAGE WAY is a large extended detached house of 131m², built sometime between 1983 and 1990. It was last sold for £209,950 in March 2010, which was around 2% below the average March 2010 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

15 HERMITAGE WAY Sold Prices

Land registry data shows two sales for 15 HERMITAGE 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. One of the two 15 HERMITAGE WAY sales was for below the average price, whilst the other was for above 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
2010 8 MAR	£209,950	£214,388	2% below HPI
1995 6 OCT	£81,500	£68,876	18% above HPI

15 HERMITAGE 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 15 HERMITAGE WAY sales from October 1995 and March 2010 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 October 1995 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the March 2010 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 15 HERMITAGE WAY?

15 HERMITAGE WAY is 131m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the largest 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 15 HERMITAGE WAY lies on this distribution: 72% of detached houses are smaller than 15 HERMITAGE WAY, and 28% of houses are larger. Note that EPC data is not available for all properties in Telford.

15 HERMITAGE WAY: Plot and Title Map

15 HERMITAGE WAY sits on a plot of roughly 0.112 of an acre, or 451m². The below map shows the location of 15 HERMITAGE 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 15 HERMITAGE 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 15 HERMITAGE WAY?

15 HERMITAGE WAY is located in MADELEY, in the TF7 postcode district. The below map shows the position of No. 15 on HERMITAGE WAY.