3, GREENGAGE WAY, MUXTON, TELFORD, TF2 8QU - £175,000

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

3 GREENGAGE WAY is a small extended detached house of 103m², built sometime between 1991 and 1995. It was last sold for £175,000 in July 2015, which was around 23% below the average July 2015 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was C.

3 GREENGAGE WAY Sold Prices

Land registry data shows four sales for 3 GREENGAGE 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. Most of the four 3 GREENGAGE 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
2015 17 JUL	£175,000	£225,865	23% below HPI
2009 13 MAY	£175,000	£196,872	11% below HPI
2005 25 FEB	£197,500	£199,976	1% below HPI
1995 9 MAY	£72,000	£69,199	4% above HPI

3 GREENGAGE 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 3 GREENGAGE WAY sales between May 1995 and July 2015 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 May 2009 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2015 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 3 GREENGAGE WAY?

3 GREENGAGE WAY is 103m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the smallest 40% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 3 GREENGAGE WAY lies on this distribution: 37% of detached houses are smaller than 3 GREENGAGE WAY, and 62% of houses are larger. Note that EPC data is not available for all properties in Telford.

3 GREENGAGE WAY: Plot and Title Map

3 GREENGAGE WAY sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 3 GREENGAGE 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 3 GREENGAGE 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 3 GREENGAGE WAY?

3 GREENGAGE WAY is located in MUXTON, in the TF2 postcode district. The below map shows the position of No. 3 on GREENGAGE WAY.