42, MILLSTREAM WAY, LEEGOMERY, TELFORD, TF1 6QR - £190,000

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

42 MILLSTREAM WAY is a very small detached house of 87m², built sometime between 1976 and 1982. It was last sold for £190,000 in November 2022, which was around 45% below the average November 2022 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

42 MILLSTREAM WAY Sold Prices

Land registry data shows three sales for 42 MILLSTREAM 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 42 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
2022 4 NOV	£190,000	£345,672	45% below HPI
2007 26 JAN	£130,000	£217,506	40% below HPI
2000 1 DEC	£53,000	£98,996	46% below HPI

42 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 three 42 MILLSTREAM WAY sales between December 2000 and November 2022 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 January 2007 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2022 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 42 MILLSTREAM WAY?

42 MILLSTREAM WAY is 87m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 20% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 42 MILLSTREAM WAY lies on this distribution: 17% of detached houses are smaller than 42 MILLSTREAM WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Telford.

42 MILLSTREAM WAY: Plot and Title Map

42 MILLSTREAM WAY sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 42 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 42 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 42 MILLSTREAM WAY?

42 MILLSTREAM WAY is located in LEEGOMERY, in the TF1 postcode district. The below map shows the position of No. 42 on MILLSTREAM WAY.