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
2 MARTINDALE WALK is a very small extended detached house of 79m², built sometime between 1996 and 2002. It was last sold for £159,000 in May 2023, which was around 22% below the average May 2023 detached price in the County Durham local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 2 MARTINDALE WALK since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Most of the four 2 MARTINDALE WALK 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 |
---|---|---|---|
2023 12 MAY | £159,000 | £202,681 | 22% below HPI |
2003 26 SEP | £125,000 | £120,875 | 3% above HPI |
2001 6 APR | £81,500 | £79,325 | 3% above HPI |
1998 20 NOV | £74,066 | £73,089 | 1% above HPI |
The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The four 2 MARTINDALE WALK sales between November 1998 and May 2023 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 September 2003 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2023 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.
2 MARTINDALE WALK is 79m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the smallest 10% of detached houses in Wingate, based on EPC data. The below chart shows the distribution of detached houses by size in Wingate, and where 2 MARTINDALE WALK lies on this distribution: 9% of detached houses are smaller than 2 MARTINDALE WALK, and 89% of houses are larger. Note that EPC data is not available for all properties in Wingate.
2 MARTINDALE WALK sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 2 MARTINDALE WALK, 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 2 MARTINDALE WALK). 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.
2 MARTINDALE WALK is located in WINGATE, in the TS28 postcode district. The below map shows the position of No. 2 on MARTINDALE WALK.