15, MADDREN WAY, MIDDLESBROUGH, TS5 5BB - £160,000

15 MADDREN WAY is a midsized detached house of 109m², built sometime between 2003 and 2006. It was last sold for £160,000 in July 2021, which was around 24% below the average July 2021 detached price in the Middlesbrough local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

15 MADDREN WAY Sold Prices

Land registry data shows three sales for 15 MADDREN 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 Middlesbrough local authority area for the corresponding sale date. Two of the three 15 MADDREN 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
2021 30 JUL	£160,000	£210,268	24% below HPI
2015 21 OCT	£164,500	£183,345	10% below HPI
2005 12 AUG	£215,000	£172,028	25% above HPI

15 MADDREN 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 three 15 MADDREN WAY sales between August 2005 and July 2021 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 October 2015 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2021 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 15 MADDREN WAY?

15 MADDREN WAY is 109m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 50% of detached houses in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses by size in Middlesbrough, and where 15 MADDREN WAY lies on this distribution: 46% of detached houses are smaller than 15 MADDREN WAY, and 52% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

15 MADDREN WAY: Plot and Title Map

15 MADDREN WAY sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 15 MADDREN 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 15 MADDREN 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 15 MADDREN WAY?

15 MADDREN WAY is located in MIDDLESBROUGH, in the TS5 postcode district. The below map shows the position of No. 15 on MADDREN WAY.