16, PEXTON CLOSE, HEMLINGTON, MIDDLESBROUGH, TS8 9RB - £185,000

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.

16 PEXTON CLOSE is a small detached house of 90m², built sometime between 1991 and 1995, which could now be worth an estimated £197,272. It was last sold for £185,000 in September 2022, which was around 23% below the average September 2022 detached price in the Middlesbrough local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

16 PEXTON CLOSE Sold Prices

Land registry data shows three sales for 16 PEXTON CLOSE 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 16 PEXTON CLOSE 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
2022 16 SEP	£185,000	£239,326	23% below HPI
2010 30 APR	£158,000	£183,723	14% below HPI
2001 31 MAY	£69,000	£78,009	12% below HPI

16 PEXTON CLOSE 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 PEXTON CLOSE sales between May 2001 and September 2022 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 2010 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2022 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 16 PEXTON CLOSE be worth now?

16 PEXTON CLOSE might now be worth an estimated £197,272.

This is based on house price inflation of 6.6%, between September 2022 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 6.6% inflationary increase is applied to the most recent sale price for 16 PEXTON CLOSE of £185,000 on 16th September 2022. For the value to have increased from £185,000 to £197,272 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 16 PEXTON CLOSE has moved in line with the HPI for detached houses in the Middlesbrough local authority area.
• The September 2022 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 16 PEXTON CLOSE has not materially changed since September 2022.

How Large is 16 PEXTON CLOSE?

16 PEXTON CLOSE is 90m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 30% of detached houses houses in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Middlesbrough, and where 16 PEXTON CLOSE lies on this distribution: 23% of detached houses houses are smaller than 16 PEXTON CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

16 PEXTON CLOSE: Plot and Title Map

16 PEXTON CLOSE sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 16 PEXTON CLOSE, 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 PEXTON CLOSE). 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 PEXTON CLOSE?

16 PEXTON CLOSE is located in HEMLINGTON, in the TS8 postcode district. The below map shows the position of No. 16 on PEXTON CLOSE.