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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 PEXTON CLOSE is a small detached house of 90m², built sometime between 1991 and 1995. It was last sold for £185,000 in September 2022, which was around 24% 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	£242,456	24% below HPI
2010 30 APR	£158,000	£186,126	15% below HPI
2001 31 MAY	£69,000	£79,030	13% 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 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

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 in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses by size in Middlesbrough, and where 16 PEXTON CLOSE lies on this distribution: 23% of detached 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 0.103 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.