3, MARTINS WAY, HIXON, STAFFORD, ST18 0PW - £166,500

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.

3 MARTINS WAY is a small extended semi-detached house of 99m², built sometime between 1991 and 1995, which could now be worth an estimated £241,544. It was last sold for £166,500 in May 2016, which was about the average May 2016 semi-detached price in the Stafford local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

3 MARTINS WAY Sold Prices

Land registry data shows four sales for 3 MARTINS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Stafford local authority area for the corresponding sale date. The four 3 MARTINS WAY sales were a mix of roughly equal to the average price, above the average price, and 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
2016 26 MAY	£166,500	£167,335	Close to HPI
2013 3 MAY	£149,500	£145,769	3% above HPI
2010 18 JUN	£125,000	£147,310	15% below HPI
2007 15 NOV	£125,000	£161,242	22% below HPI

3 MARTINS WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Stafford local authority area over time, sourced from the HPI. The four 3 MARTINS WAY sales between November 2007 and May 2016 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 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2016 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 3 MARTINS WAY be worth now?

3 MARTINS WAY might now be worth an estimated £241,544.

This is based on house price inflation of 45.1%, between May 2016 and February 2025, for semi-detached houses, in the Stafford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.1% inflationary increase is applied to the most recent sale price for 3 MARTINS WAY of £166,500 on 26th May 2016. For the value to have increased from £166,500 to £241,544 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 3 MARTINS WAY has moved in line with the HPI for semi-detached houses in the Stafford local authority area.
• The May 2016 sale price of £166,500 represented a fair market value for the property.
• The size, condition, and specification of 3 MARTINS WAY has not materially changed since May 2016.

How Large is 3 MARTINS WAY?

3 MARTINS WAY is 99m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the smallest 40% of semi-detached houses houses in Hixon, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hixon, and where 3 MARTINS WAY lies on this distribution: 33% of semi-detached houses houses are smaller than 3 MARTINS WAY, and 67% of houses are larger. Note that EPC data is not available for all properties in Hixon.

3 MARTINS WAY: Plot and Title Map

3 MARTINS WAY sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 3 MARTINS 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 3 MARTINS 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 3 MARTINS WAY?

3 MARTINS WAY is located in HIXON, in the ST18 postcode district. The below map shows the position of No. 3 on MARTINS WAY.