4, PARNABY WAY, HEMLINGTON, MIDDLESBROUGH, TS8 9NG - £249,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 PARNABY WAY is a midsized detached house of 116m², built in 2019. It was last sold for £249,500 in October 2023, which was around 5% above the average October 2023 detached price in the Middlesbrough local authority area. The most recent EPC inspection was October 2021, where the current energy rating was B, and the potential energy rating was A.

4 PARNABY WAY Sold Prices

Land registry data shows two sales for 4 PARNABY 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. Both of the two 4 PARNABY WAY 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
2023 5 OCT	£249,500	£238,194	5% above HPI
2021 2 DEC	£231,614	£219,004	6% above HPI

4 PARNABY 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 4 PARNABY WAY sales from December 2021 and October 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 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the October 2023 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 4 PARNABY WAY?

4 PARNABY WAY is 116m² according to the EPC inspection conducted in October 2021. This puts it in the largest 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 4 PARNABY WAY lies on this distribution: 56% of detached houses are smaller than 4 PARNABY WAY, and 43% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

4 PARNABY WAY: Plot and Title Map

4 PARNABY WAY sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 4 PARNABY 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 4 PARNABY 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 4 PARNABY WAY?

4 PARNABY WAY is located in HEMLINGTON, in the TS8 postcode district. The below map shows the position of No. 4 on PARNABY WAY.