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 SPAUNTON CLOSE is a small detached house of 96m², built sometime between 1991 and 1995. It was last sold for £182,000 in July 2022, which was around 23% below the average July 2022 detached price in the Middlesbrough local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 2 SPAUNTON CLOSE since 1st 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. All of the four 2 SPAUNTON 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 13 JUL | £182,000 | £235,200 | 23% below HPI |
2005 30 SEP | £149,000 | £174,582 | 15% below HPI |
1999 15 OCT | £57,000 | £80,372 | 29% below HPI |
1995 6 DEC | £55,500 | £72,377 | 23% below HPI |
The below graph shows the average detached house price in the Middlesbrough local authority area over time, sourced from the HPI. The four 2 SPAUNTON CLOSE sales between December 1995 and July 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 September 2005 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2022 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.
2 SPAUNTON CLOSE is 96m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 40% 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 SPAUNTON CLOSE lies on this distribution: 30% of detached houses are smaller than 2 SPAUNTON CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.
2 SPAUNTON CLOSE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 2 SPAUNTON 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 SPAUNTON 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.
2 SPAUNTON CLOSE is located in HEMLINGTON, in the TS8 postcode district. The below map shows the position of No. 2 on SPAUNTON CLOSE.