12, MARTINGALE WAY, LAWLEY BANK, TELFORD, TF4 2PF - £184,000

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

12 MARTINGALE WAY is a midsized detached house of 115m², built sometime between 1996 and 2002. It was last sold for £184,000 in January 2014, which was around 11% below the average January 2014 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

12 MARTINGALE WAY Sold Prices

Land registry data shows two sales for 12 MARTINGALE 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. One of the two 12 MARTINGALE WAY sales was for below the average price, whilst the other was for above 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
2014 31 JAN	£184,000	£207,849	11% below HPI
1999 3 DEC	£97,995	£88,161	11% above HPI

12 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 two 12 MARTINGALE WAY sales from December 1999 and January 2014 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 December 1999 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the January 2014 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 12 MARTINGALE WAY?

12 MARTINGALE WAY is 115m² according to the EPC inspection conducted in February 2012. This puts it in the largest 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 12 MARTINGALE WAY lies on this distribution: 53% of detached houses are smaller than 12 MARTINGALE WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Telford.

12 MARTINGALE WAY: Plot and Title Map

12 MARTINGALE WAY sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 12 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 12 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 12 MARTINGALE WAY?

12 MARTINGALE WAY is located in LAWLEY BANK, in the TF4 postcode district. The below map shows the position of No. 12 on MARTINGALE WAY.