12, FAVERDALE AVENUE, MIDDLESBROUGH, TS5 8RT - £125,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 FAVERDALE AVENUE is a very small semi-detached house of 55m², built sometime between 1950 and 1966. It was last sold for £125,000 in August 2023, which was around 47% below the average August 2023 detached price in the Middlesbrough local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

12 FAVERDALE AVENUE Sold Prices

Land registry data shows three sales for 12 FAVERDALE AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Middlesbrough local authority area for the corresponding sale date. All of the three 12 FAVERDALE AVENUE 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
2023 11 AUG	£125,000	£234,222	47% below HPI
2010 10 SEP	£120,000	£192,469	38% below HPI
2000 10 MAR	£42,000	£81,888	49% below HPI

12 FAVERDALE AVENUE 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 three 12 FAVERDALE AVENUE sales between March 2000 and August 2023 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 September 2010 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the August 2023 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 12 FAVERDALE AVENUE?

12 FAVERDALE AVENUE is 55m² according to the EPC inspection conducted in April 2018. 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 FAVERDALE AVENUE lies on this distribution: Less than 1% of detached houses are smaller than 12 FAVERDALE AVENUE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

12 FAVERDALE AVENUE: Plot and Title Map

12 FAVERDALE AVENUE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 12 FAVERDALE AVENUE, 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 FAVERDALE AVENUE). 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 FAVERDALE AVENUE?

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