2, COATE CLOSE, HEMLINGTON, MIDDLESBROUGH, TS8 9RA - £164,500

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

2 COATE CLOSE is a small extended detached house of 89m², built sometime between 1991 and 1995. It was last sold for £164,500 in August 2023, which was around 30% below the average August 2023 detached price in the Middlesbrough local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

2 COATE CLOSE Sold Prices

Land registry data shows four sales for 2 COATE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Middlesbrough local authority area for the corresponding sale date. Most of the four 2 COATE 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
2023 22 AUG	£164,500	£234,451	30% below HPI
2013 8 JUL	£200,000	£181,517	10% above HPI
2002 7 OCT	£97,500	£98,378	1% below HPI
1995 26 MAY	£56,000	£73,026	23% below HPI

2 COATE 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 four 2 COATE CLOSE sales between May 1995 and August 2023 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 July 2013 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the August 2023 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 COATE CLOSE?

2 COATE CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in August 2019. 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 2 COATE CLOSE lies on this distribution: 20% of detached houses are smaller than 2 COATE CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

2 COATE CLOSE: Plot and Title Map

2 COATE CLOSE sits on a plot of roughly 0.057 of an acre, or 233m². The below map shows the location of 2 COATE 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 2 COATE 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 2 COATE CLOSE?

2 COATE CLOSE is located in HEMLINGTON, in the TS8 postcode district. The below map shows the position of No. 2 on COATE CLOSE.