6, MORGAN WAY, KETLEY, TELFORD, TF1 5FB - £182,000

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

6 MORGAN WAY is a midsized detached house of 106m², built sometime between 1983 and 1990. It was last sold for £182,000 in April 2018, which was around 27% below the average April 2018 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

6 MORGAN WAY Sold Prices

Land registry data shows three sales for 6 MORGAN 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 6 MORGAN 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
2018 27 APR	£182,000	£248,028	27% below HPI
2002 25 OCT	£124,500	£147,014	15% below HPI
1995 13 OCT	£63,000	£68,876	9% below HPI

6 MORGAN 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 6 MORGAN WAY sales between October 1995 and April 2018 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 October 2002 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2018 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 6 MORGAN WAY?

6 MORGAN WAY is 106m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 50% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 6 MORGAN WAY lies on this distribution: 40% of detached houses are smaller than 6 MORGAN WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Telford.

6 MORGAN WAY: Plot and Title Map

6 MORGAN WAY sits on a plot of roughly 0.131 of an acre, or 528m². The below map shows the location of 6 MORGAN 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 6 MORGAN 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 6 MORGAN WAY?

6 MORGAN WAY is located in KETLEY, in the TF1 postcode district. The below map shows the position of No. 6 on MORGAN WAY.