3, TALBOT MEWS, MIDDLESBROUGH, TS6 9TJ - £143,000

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

3 TALBOT MEWS is a large detached house of 89m², built sometime between 2003 and 2006. It was last sold for £143,000 in August 2023, which was around 42% below the average August 2023 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

3 TALBOT MEWS Sold Prices

Land registry data shows four sales for 3 TALBOT MEWS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the four 3 TALBOT MEWS 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 16 AUG	£143,000	£247,517	42% below HPI
2023 28 JUL	£145,000	£245,686	41% below HPI
2019 12 AUG	£128,500	£189,118	32% below HPI
2006 20 DEC	£135,995	£198,362	31% below HPI

3 TALBOT MEWS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The four 3 TALBOT MEWS sales between December 2006 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 2023 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the August 2023 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 3 TALBOT MEWS?

3 TALBOT MEWS is 89m² according to the EPC inspection conducted in November 2018. This puts it in the largest 30% of detached houses in Grangetown, based on EPC data. The below chart shows the distribution of detached houses by size in Grangetown, and where 3 TALBOT MEWS lies on this distribution: 74% of detached houses are smaller than 3 TALBOT MEWS, and 26% of houses are larger. Note that EPC data is not available for all properties in Grangetown.

3 TALBOT MEWS: Plot and Title Map

3 TALBOT MEWS sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 3 TALBOT MEWS, 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 3 TALBOT MEWS). 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 3 TALBOT MEWS?

3 TALBOT MEWS is located in MIDDLESBROUGH, in the TS6 postcode district. The below map shows the position of No. 3 on TALBOT MEWS.