12, CRADLEY DRIVE, MIDDLESBROUGH, TS5 8HF - £140,000

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

12 CRADLEY DRIVE is a very small extended detached house of 73m², built sometime between 1950 and 1966. It was last sold for £140,000 in May 2024, which was around 41% below the average May 2024 detached price in the Middlesbrough local authority area. The most recent EPC inspection was February 2024, where the current energy rating was F, and the potential energy rating was B.

12 CRADLEY DRIVE Sold Prices

Land registry data shows two sales for 12 CRADLEY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Middlesbrough local authority area for the corresponding sale date. Both of the two 12 CRADLEY DRIVE 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
2024 14 MAY	£140,000	£237,940	41% below HPI
2004 26 NOV	£100,000	£146,944	32% below HPI

12 CRADLEY DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Middlesbrough local authority area over time, sourced from the HPI. The two 12 CRADLEY DRIVE sales from November 2004 and May 2024 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 November 2004 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2024 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 12 CRADLEY DRIVE?

12 CRADLEY DRIVE is 73m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the smallest 10% of detached houses in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses by size in Middlesbrough, and where 12 CRADLEY DRIVE lies on this distribution: 7% of detached houses are smaller than 12 CRADLEY DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

12 CRADLEY DRIVE: Plot and Title Map

12 CRADLEY DRIVE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 12 CRADLEY DRIVE, 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 12 CRADLEY DRIVE). 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 12 CRADLEY DRIVE?

12 CRADLEY DRIVE is located in MIDDLESBROUGH, in the TS5 postcode district. The below map shows the position of No. 12 on CRADLEY DRIVE.