40, SCHOLARS RISE, MIDDLESBROUGH, TS4 3RP - £210,000

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.

40 SCHOLARS RISE is a midsized detached house of 117m², which could now be worth an estimated £255,696. It was last sold for £210,000 in March 2021, which was about the average March 2021 detached price in the Middlesbrough local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

40 SCHOLARS RISE Sold Prices

Land registry data shows two sales for 40 SCHOLARS RISE 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 40 SCHOLARS RISE sales was roughly equal to 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
2021 30 MAR	£210,000	£209,594	Close to HPI
2014 21 NOV	£194,950	£185,520	5% above HPI

40 SCHOLARS RISE 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 40 SCHOLARS RISE sales from November 2014 and March 2021 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 November 2014 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the March 2021 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 40 SCHOLARS RISE be worth now?

40 SCHOLARS RISE might now be worth an estimated £255,696.

This is based on house price inflation of 21.8%, between March 2021 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 21.8% inflationary increase is applied to the most recent sale price for 40 SCHOLARS RISE of £210,000 on 30th March 2021. For the value to have increased from £210,000 to £255,696 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 40 SCHOLARS RISE has moved in line with the HPI for detached houses in the Middlesbrough local authority area.
• The March 2021 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 40 SCHOLARS RISE has not materially changed since March 2021.

How Large is 40 SCHOLARS RISE?

40 SCHOLARS RISE is 117m² according to the EPC inspection conducted in September 2014. This puts it in the largest 50% of detached houses houses in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Middlesbrough, and where 40 SCHOLARS RISE lies on this distribution: 57% of detached houses houses are smaller than 40 SCHOLARS RISE, and 42% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

40 SCHOLARS RISE: Plot and Title Map

40 SCHOLARS RISE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 40 SCHOLARS RISE, 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 40 SCHOLARS RISE). 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 40 SCHOLARS RISE?

40 SCHOLARS RISE is located in MIDDLESBROUGH, in the TS4 postcode district. The below map shows the position of No. 40 on SCHOLARS RISE.