14, PENNYMAN WAY, STAINTON, MIDDLESBROUGH, TS8 9BL - £310,000

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.

14 PENNYMAN WAY is a small detached house of 97m², built sometime between 1950 and 1966, which could now be worth an estimated £330,846. It was last sold for £310,000 in February 2023, which was around 30% above the average February 2023 detached price in the Middlesbrough local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

14 PENNYMAN WAY Sold Prices

Land registry data shows two sales for 14 PENNYMAN 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 Middlesbrough local authority area for the corresponding sale date. One of the two 14 PENNYMAN WAY sales was for above the average price, whilst the other was 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 17 FEB	£310,000	£239,122	30% above HPI
2012 19 APR	£178,500	£180,868	1% below HPI

14 PENNYMAN WAY 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 14 PENNYMAN WAY sales from April 2012 and February 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 April 2012 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 2023 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 14 PENNYMAN WAY be worth now?

14 PENNYMAN WAY might now be worth an estimated £330,846.

This is based on house price inflation of 6.7%, between February 2023 and February 2025, for detached houses, in the Middlesbrough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.7% inflationary increase is applied to the most recent sale price for 14 PENNYMAN WAY of £310,000 on 17th February 2023. For the value to have increased from £310,000 to £330,846 over the two years to February 2025, the following assumptions must hold true:

• The value of 14 PENNYMAN WAY has moved in line with the HPI for detached houses in the Middlesbrough local authority area.
• The February 2023 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 14 PENNYMAN WAY has not materially changed since February 2023.

How Large is 14 PENNYMAN WAY?

14 PENNYMAN WAY is 97m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 30% of detached houses houses in Stainton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stainton, and where 14 PENNYMAN WAY lies on this distribution: 23% of detached houses houses are smaller than 14 PENNYMAN WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Stainton.

14 PENNYMAN WAY: Plot and Title Map

14 PENNYMAN WAY sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 14 PENNYMAN 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 14 PENNYMAN 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 14 PENNYMAN WAY?

14 PENNYMAN WAY is located in STAINTON, in the TS8 postcode district. The below map shows the position of No. 14 on PENNYMAN WAY.