16, MADDREN WAY, MIDDLESBROUGH, TS5 5BB - £180,000

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

16 MADDREN WAY is a very small detached house of 69m², built sometime between 2003 and 2006. It was last sold for £180,000 in June 2021, which was around 12% below the average June 2021 detached price in the Middlesbrough local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

16 MADDREN WAY Sold Prices

Land registry data shows three sales for 16 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 16 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 18 JUN	£180,000	£205,415	12% below HPI
2019 8 FEB	£165,000	£192,215	14% below HPI
2005 30 JUN	£216,000	£167,220	29% above HPI

16 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 16 MADDREN WAY sales between June 2005 and June 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 February 2019 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 16 MADDREN WAY?

16 MADDREN WAY is 69m² according to the EPC inspection conducted in May 2021. 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 16 MADDREN WAY lies on this distribution: 4% of detached houses are smaller than 16 MADDREN WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

16 MADDREN WAY: Plot and Title Map

16 MADDREN WAY sits on a plot of roughly 0.075 of an acre, or 306m². The below map shows the location of 16 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 16 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 16 MADDREN WAY?

16 MADDREN WAY is located in MIDDLESBROUGH, in the TS5 postcode district. The below map shows the position of No. 16 on MADDREN WAY.