18, MARTINGALE WAY, LAWLEY BANK, TELFORD, TF4 2PF - £225,000

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

18 MARTINGALE WAY is a very large extended detached house of 143m², built sometime between 1996 and 2002. It was last sold for £225,000 in April 2011, which was around 5% above the average April 2011 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

18 MARTINGALE WAY Sold Prices

Land registry data shows three sales for 18 MARTINGALE 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 18 MARTINGALE WAY sales were 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
2011 21 APR	£225,000	£214,064	5% above HPI
2001 24 MAY	£147,000	£104,627	40% above HPI
1999 13 DEC	£107,995	£88,161	22% above HPI

18 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 three 18 MARTINGALE WAY sales between December 1999 and April 2011 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 May 2001 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the April 2011 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 18 MARTINGALE WAY?

18 MARTINGALE WAY is 143m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the largest 20% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 18 MARTINGALE WAY lies on this distribution: 81% of detached houses are smaller than 18 MARTINGALE WAY, and 18% of houses are larger. Note that EPC data is not available for all properties in Telford.

18 MARTINGALE WAY: Plot and Title Map

18 MARTINGALE WAY sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 18 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 18 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 18 MARTINGALE WAY?

18 MARTINGALE WAY is located in LAWLEY BANK, in the TF4 postcode district. The below map shows the position of No. 18 on MARTINGALE WAY.