40, THE RIDINGS, MIDDLESBROUGH, TS4 2WA - £145,000

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

40 THE RIDINGS is a small detached house of 92m². It was last sold for £145,000 in January 2018, which was around 25% below the average January 2018 detached price in the Middlesbrough local authority area. The most recent EPC inspection was December 2009, where the current energy rating was C, and the potential energy rating was B.

40 THE RIDINGS Sold Prices

Land registry data shows two sales for 40 THE RIDINGS 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 40 THE RIDINGS 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
2018 22 JAN	£145,000	£193,603	25% below HPI
2009 14 DEC	£175,000	£192,190	9% below HPI

40 THE RIDINGS 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 THE RIDINGS sales from December 2009 and January 2018 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 2009 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the January 2018 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 40 THE RIDINGS?

40 THE RIDINGS is 92m² according to the EPC inspection conducted in December 2009. This puts it in the smallest 30% of detached houses in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses by size in Middlesbrough, and where 40 THE RIDINGS lies on this distribution: 27% of detached houses are smaller than 40 THE RIDINGS, and 73% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

40 THE RIDINGS: Plot and Title Map

40 THE RIDINGS sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 40 THE RIDINGS, 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 THE RIDINGS). 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 THE RIDINGS?

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