16, MARTINGALE WAY, LAWLEY BANK, TELFORD, TF4 2PF - £229,000

16 MARTINGALE WAY is a midsized extended detached house of 109m², built sometime between 1996 and 2002. It was last sold for £229,000 in March 2017, which was around 6% below the average March 2017 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

16 MARTINGALE WAY Sold Prices

Land registry data shows three sales for 16 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. Two of the three 16 MARTINGALE WAY sales were for below the average price, whilst one was 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
2017 3 MAR	£229,000	£243,348	6% below HPI
2004 1 MAR	£175,000	£180,731	3% below HPI
1999 7 DEC	£95,995	£88,161	9% above HPI

16 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 16 MARTINGALE WAY sales between December 1999 and March 2017 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 March 2004 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the March 2017 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 16 MARTINGALE WAY?

16 MARTINGALE WAY is 109m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 50% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 16 MARTINGALE WAY lies on this distribution: 44% of detached houses are smaller than 16 MARTINGALE WAY, and 55% of houses are larger. Note that EPC data is not available for all properties in Telford.

16 MARTINGALE WAY: Plot and Title Map

16 MARTINGALE WAY sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 16 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 16 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 16 MARTINGALE WAY?

16 MARTINGALE WAY is located in LAWLEY BANK, in the TF4 postcode district. The below map shows the position of No. 16 on MARTINGALE WAY.