5, MILLERS WAY, MUXTON, TELFORD, TF2 8QR - £180,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 MILLERS WAY is a very small detached house of 52m², built sometime between 1983 and 1990. It was last sold for £180,000 in March 2024, which was around 47% below the average March 2024 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

5 MILLERS WAY Sold Prices

Land registry data shows two sales for 5 MILLERS 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 5 MILLERS 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
2024 28 MAR	£180,000	£336,734	47% below HPI
2002 30 AUG	£85,000	£138,257	39% below HPI

5 MILLERS 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 5 MILLERS WAY sales from August 2002 and March 2024 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 August 2002 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the March 2024 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 5 MILLERS WAY?

5 MILLERS WAY is 52m² according to the EPC inspection conducted in April 2023. 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 5 MILLERS WAY lies on this distribution: 1% of detached houses are smaller than 5 MILLERS WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Telford.

5 MILLERS WAY: Plot and Title Map

5 MILLERS WAY sits on a plot of roughly 0.059 of an acre, or 241m². The below map shows the location of 5 MILLERS 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 5 MILLERS 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 5 MILLERS WAY?

5 MILLERS WAY is located in MUXTON, in the TF2 postcode district. The below map shows the position of No. 5 on MILLERS WAY.