10, MARTINGALE WAY, LAWLEY BANK, TELFORD, TF4 2PF - £267,000

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

10 MARTINGALE WAY is a small extended detached house of 100m², built sometime between 1996 and 2002. It was last sold for £267,000 in December 2021, which was around 15% below the average December 2021 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

10 MARTINGALE WAY Sold Prices

Land registry data shows five sales for 10 MARTINGALE WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the five 10 MARTINGALE 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
2021 16 DEC	£267,000	£313,150	15% below HPI
2021 22 OCT	£272,500	£305,353	11% below HPI
2017 23 NOV	£200,000	£246,921	19% below HPI
2002 11 APR	£114,500	£121,975	6% below HPI
1999 19 NOV	£85,995	£87,455	2% below HPI

10 MARTINGALE 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 five 10 MARTINGALE WAY sales between November 1999 and December 2021 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 2021 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 10 MARTINGALE WAY?

10 MARTINGALE WAY is 100m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 40% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 10 MARTINGALE WAY lies on this distribution: 33% of detached houses are smaller than 10 MARTINGALE WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Telford.

10 MARTINGALE WAY: Plot and Title Map

10 MARTINGALE WAY sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 10 MARTINGALE 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 10 MARTINGALE 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 10 MARTINGALE WAY?

10 MARTINGALE WAY is located in LAWLEY BANK, in the TF4 postcode district. The below map shows the position of No. 10 on MARTINGALE WAY.