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 SPRINGFIELD ROAD is a very small detached house of 75m². It was last sold for £160,000 in September 2023, which was around 32% below the average September 2023 detached price in the Middlesbrough local authority area. The most recent EPC inspection was August 2019, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 28 SPRINGFIELD ROAD since 1st 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. Both of the two 28 SPRINGFIELD ROAD 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 8 SEP | £160,000 | £234,617 | 32% below HPI |
2019 30 AUG | £135,995 | £197,506 | 31% below HPI |
The below graph shows the average detached house price in the Middlesbrough local authority area over time, sourced from the HPI. The two 28 SPRINGFIELD ROAD sales from August 2019 and September 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 August 2019 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2023 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.
28 SPRINGFIELD ROAD is 75m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 10% 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 SPRINGFIELD ROAD lies on this distribution: 8% of detached houses are smaller than 28 SPRINGFIELD ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.
28 SPRINGFIELD ROAD sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 28 SPRINGFIELD ROAD, 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 SPRINGFIELD ROAD). 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.
28 SPRINGFIELD ROAD is located in MIDDLESBROUGH, in the TS5 postcode district. The below map shows the position of No. 28 on SPRINGFIELD ROAD.