31, MILLSTREAM WAY, LEEGOMERY, TELFORD, TF1 6QP - £42,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

31 MILLSTREAM WAY is a very small detached house of 68m², built sometime between 1950 and 1966, which could now be worth an estimated £186,674. It was last sold for £42,500 in May 1998, which was around 46% below the average May 1998 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

31 MILLSTREAM WAY Sold Prices

Land registry data shows two sales for 31 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 31 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
1998 29 MAY	£42,500	£78,244	46% below HPI
1995 18 MAY	£51,000	£68,281	25% below HPI

31 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 31 MILLSTREAM WAY sales from May 1995 and May 1998 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 1995 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 1998 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 31 MILLSTREAM WAY be worth now?

31 MILLSTREAM WAY might now be worth an estimated £186,674.

This is based on house price inflation of 339.2%, between May 1998 and December 2024, for detached houses, in the Telford and Wrekin local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 339.2% inflationary increase is applied to the most recent sale price for 31 MILLSTREAM WAY of £42,500 on 29th May 1998. For the value to have increased from £42,500 to £186,674 over the 25 years and five months to December 2024, the following assumptions must hold true:

• The value of 31 MILLSTREAM WAY has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The May 1998 sale price of £42,500 represented a fair market value for the property.
• The size, condition, and specification of 31 MILLSTREAM WAY has not materially changed since May 1998.

How Large is 31 MILLSTREAM WAY?

31 MILLSTREAM WAY is 68m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% of detached houses houses in Telford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Telford, and where 31 MILLSTREAM WAY lies on this distribution: 5% of detached houses houses are smaller than 31 MILLSTREAM WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Telford.

31 MILLSTREAM WAY: Plot and Title Map

31 MILLSTREAM WAY sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 31 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 31 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 31 MILLSTREAM WAY?

31 MILLSTREAM WAY is located in LEEGOMERY, in the TF1 postcode district. The below map shows the position of No. 31 on MILLSTREAM WAY.