2B, HIGH RIFTS, STAINTON, MIDDLESBROUGH, TS8 9BE - £335,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2B HIGH RIFTS is a very large detached house of 135m², built sometime between 1976 and 1982, which could now be worth an estimated £450,592. It was last sold for £335,000 in February 2019, which was around 77% above the average February 2019 detached price in the Middlesbrough local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

2B HIGH RIFTS Sold Prices

Land registry data shows three sales for 2B HIGH RIFTS since 1^st 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 2B HIGH RIFTS sales were 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
2019 28 FEB	£335,000	£189,734	77% above HPI
2006 10 AUG	£347,500	£188,199	85% above HPI
1997 3 APR	£143,000	£73,496	95% above HPI

2B HIGH RIFTS 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 three 2B HIGH RIFTS sales between April 1997 and February 2019 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 2006 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the February 2019 sale, where it falls to 77% above the HPI. The line then continues to track at 77% above the HPI.

What might 2B HIGH RIFTS be worth now?

2B HIGH RIFTS might now be worth an estimated £450,592.

This is based on house price inflation of 34.5%, between February 2019 and February 2025, for detached houses, in the Middlesbrough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.5% inflationary increase is applied to the most recent sale price for 2B HIGH RIFTS of £335,000 on 28th February 2019. For the value to have increased from £335,000 to £450,592 over the six years to February 2025, the following assumptions must hold true:

• The value of 2B HIGH RIFTS has moved in line with the HPI for detached houses in the Middlesbrough local authority area.
• The February 2019 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 2B HIGH RIFTS has not materially changed since February 2019.

How Large is 2B HIGH RIFTS?

2B HIGH RIFTS is 135m² according to the EPC inspection conducted in August 2018. This puts it in the largest 20% of detached houses houses in Stainton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stainton, and where 2B HIGH RIFTS lies on this distribution: 83% of detached houses houses are smaller than 2B HIGH RIFTS, and 17% of houses are larger. Note that EPC data is not available for all properties in Stainton.

2B HIGH RIFTS: Plot and Title Map

2B HIGH RIFTS sits on a plot of roughly 0.301 of an acre, or 1,218m². The below map shows the location of 2B HIGH RIFTS, 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 2B HIGH RIFTS). 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 2B HIGH RIFTS?

2B HIGH RIFTS is located in STAINTON, in the TS8 postcode district. The below map shows the position of No. 2B on HIGH RIFTS.