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

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

21 MARTINDALE WAY is a very small extended detached house of 79m², built sometime between 1967 and 1975. 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	£194,142	26% below HPI
2013 24 MAY	£119,500	£170,796	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.

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 in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 21 MARTINDALE WAY lies on this distribution: 15% of detached 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.