32, HERMITAGE WAY, MADELEY, TELFORD, TF7 5SZ - £157,500

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

32 HERMITAGE WAY is a very small detached house of 68m², built sometime between 1983 and 1990. It was last sold for £157,500 in May 2009, which was around 20% below the average May 2009 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was B.

32 HERMITAGE WAY Sold Prices

Land registry data shows two sales for 32 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. Both of the two 32 HERMITAGE 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
2009 8 MAY	£157,500	£196,872	20% below HPI
2002 8 JUL	£90,000	£133,114	32% below HPI

32 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 32 HERMITAGE WAY sales from July 2002 and May 2009 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 July 2002 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2009 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 32 HERMITAGE WAY?

32 HERMITAGE WAY is 68m² according to the EPC inspection conducted in December 2020. This puts it in the smallest 10% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 32 HERMITAGE WAY lies on this distribution: 5% of detached houses are smaller than 32 HERMITAGE WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Telford.

32 HERMITAGE WAY: Plot and Title Map

32 HERMITAGE WAY sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 32 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 32 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 32 HERMITAGE WAY?

32 HERMITAGE WAY is located in MADELEY, in the TF7 postcode district. The below map shows the position of No. 32 on HERMITAGE WAY.