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
18 THE RIDINGS is a very small extended detached house of 82m², built sometime from 2007 onwards. It was last sold for £142,500 in March 2020, which was around 26% below the average March 2020 detached price in the Middlesbrough local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 18 THE RIDINGS since 1st 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 18 THE RIDINGS 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 |
---|---|---|---|
2020 6 MAR | £142,500 | £193,703 | 26% below HPI |
2019 27 SEP | £145,000 | £201,585 | 28% below HPI |
2007 21 NOV | £171,995 | £207,054 | 17% below HPI |
The below graph shows the average detached house price in the Middlesbrough local authority area over time, sourced from the HPI. The three 18 THE RIDINGS sales between November 2007 and March 2020 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 September 2019 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2020 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.
18 THE RIDINGS is 82m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the smallest 20% of detached houses in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses by size in Middlesbrough, and where 18 THE RIDINGS lies on this distribution: 15% of detached houses are smaller than 18 THE RIDINGS, and 85% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.
18 THE RIDINGS sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 18 THE RIDINGS, 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 18 THE RIDINGS). 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.
18 THE RIDINGS is located in MIDDLESBROUGH, in the TS4 postcode district. The below map shows the position of No. 18 on THE RIDINGS.