28, SCHOFIELD WAY, MIDDLESBROUGH, TS4 3BA - £230,000

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

28 SCHOFIELD WAY is a midsized detached house of 106m², built in 2020. It was last sold for £230,000 in January 2023, which was around 6% below the average January 2023 detached price in the Middlesbrough local authority area. The most recent EPC inspection was May 2021, where the current energy rating was B, and the potential energy rating was A.

28 SCHOFIELD WAY Sold Prices

Land registry data shows two sales for 28 SCHOFIELD WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Middlesbrough local authority area for the corresponding sale date. One of the two 28 SCHOFIELD WAY sales was for below the average price, whilst the other was for above 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 13 JAN	£230,000	£244,010	6% below HPI
2021 22 DEC	£235,995	£219,004	8% above HPI

28 SCHOFIELD WAY 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 two 28 SCHOFIELD WAY sales from December 2021 and January 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 December 2021 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the January 2023 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 28 SCHOFIELD WAY?

28 SCHOFIELD WAY is 106m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 50% of detached houses in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses by size in Middlesbrough, and where 28 SCHOFIELD WAY lies on this distribution: 42% of detached houses are smaller than 28 SCHOFIELD WAY, and 56% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

28 SCHOFIELD WAY: Plot and Title Map

28 SCHOFIELD WAY sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 28 SCHOFIELD WAY, 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 28 SCHOFIELD WAY). 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 28 SCHOFIELD WAY?

28 SCHOFIELD WAY is located in MIDDLESBROUGH, in the TS4 postcode district. The below map shows the position of No. 28 on SCHOFIELD WAY.