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

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

5 MILLERS WAY is a very small detached house of 52m², built sometime between 1983 and 1990, which could now be worth an estimated £187,485. It was last sold for £180,000 in March 2024, which was around 45% 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	£329,953	45% below HPI
2002 30 AUG	£85,000	£136,423	38% 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 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the March 2024 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 5 MILLERS WAY be worth now?

5 MILLERS WAY might now be worth an estimated £187,485.

This is based on house price inflation of 4.2%, between March 2024 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 4.2% inflationary increase is applied to the most recent sale price for 5 MILLERS WAY of £180,000 on 28th March 2024. For the value to have increased from £180,000 to £187,485 over the three months to December 2024, the following assumptions must hold true:

• The value of 5 MILLERS WAY has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The March 2024 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MILLERS WAY has not materially changed since March 2024.

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 houses in Telford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Telford, and where 5 MILLERS WAY lies on this distribution: 1% of detached houses 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 0.060 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.