9, ARRAN WAY, MUXTON, TELFORD, TF2 8PL - £152,000

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

9 ARRAN WAY is a very small detached house of 57m², built sometime between 1950 and 1966. It was last sold for £152,000 in August 2017, which was around 38% below the average August 2017 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.

9 ARRAN WAY Sold Prices

Land registry data shows three sales for 9 ARRAN 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 9 ARRAN 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
2017 21 AUG	£152,000	£243,793	38% below HPI
2007 11 APR	£153,000	£222,721	31% below HPI
2006 22 SEP	£110,000	£214,632	49% below HPI

9 ARRAN 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 9 ARRAN WAY sales between September 2006 and August 2017 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 April 2007 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2017 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 9 ARRAN WAY?

9 ARRAN WAY is 57m² according to the EPC inspection conducted in April 2016. 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 9 ARRAN WAY lies on this distribution: 2% of detached houses are smaller than 9 ARRAN WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Telford.

9 ARRAN WAY: Plot and Title Map

9 ARRAN WAY sits on a plot of roughly 0.086 of an acre, or 346m². The below map shows the location of 9 ARRAN 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 9 ARRAN 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 9 ARRAN WAY?

9 ARRAN WAY is located in MUXTON, in the TF2 postcode district. The below map shows the position of No. 9 on ARRAN WAY.