21, MARTINDALE WAY, REDCAR, TS10 4NL - £143,750

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

21 MARTINDALE WAY is a very small extended detached house of 79m², built sometime between 1967 and 1975, which could now be worth an estimated £189,825. It was last sold for £143,750 in August 2018, which was around 26% below the average August 2018 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was C.

21 MARTINDALE WAY Sold Prices

Land registry data shows two sales for 21 MARTINDALE 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 Redcar and Cleveland local authority area for the corresponding sale date. Both of the two 21 MARTINDALE 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
2018 31 AUG	£143,750	£193,758	26% below HPI
2013 24 MAY	£119,500	£170,458	30% below HPI

21 MARTINDALE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The two 21 MARTINDALE WAY sales from May 2013 and August 2018 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 2013 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2018 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 21 MARTINDALE WAY be worth now?

21 MARTINDALE WAY might now be worth an estimated £189,825.

This is based on house price inflation of 32.1%, between August 2018 and February 2025, for detached houses, in the Redcar and Cleveland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.1% inflationary increase is applied to the most recent sale price for 21 MARTINDALE WAY of £143,750 on 31st August 2018. For the value to have increased from £143,750 to £189,825 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 21 MARTINDALE WAY has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The August 2018 sale price of £143,750 represented a fair market value for the property.
• The size, condition, and specification of 21 MARTINDALE WAY has not materially changed since August 2018.

How Large is 21 MARTINDALE WAY?

21 MARTINDALE WAY is 79m², which includes one extension, according to the EPC inspection conducted in November 2012. This puts it in the smallest 20% of detached houses houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redcar, and where 21 MARTINDALE WAY lies on this distribution: 15% of detached houses houses are smaller than 21 MARTINDALE WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Redcar.

21 MARTINDALE WAY: Plot and Title Map

21 MARTINDALE WAY sits on a plot of roughly 0.124 of an acre, or 501m². The below map shows the location of 21 MARTINDALE 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 21 MARTINDALE 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 21 MARTINDALE WAY?

21 MARTINDALE WAY is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 21 on MARTINDALE WAY.