41, THE RIDINGS, MIDDLESBROUGH, TS4 2WA - £194,000

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

41 THE RIDINGS is a midsized detached house of 118m², built sometime between 2007 and 2011. It was last sold for £194,000 in October 2023, which was around 19% below the average October 2023 detached price in the Middlesbrough local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

41 THE RIDINGS Sold Prices

Land registry data shows two sales for 41 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 41 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
2023 11 OCT	£194,000	£240,767	19% below HPI
2009 11 DEC	£185,000	£192,190	4% below HPI

41 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 41 THE RIDINGS sales from December 2009 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 2009 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2023 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 41 THE RIDINGS?

41 THE RIDINGS is 118m² according to the EPC inspection conducted in March 2023. This puts it in the largest 40% of detached houses in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses by size in Middlesbrough, and where 41 THE RIDINGS lies on this distribution: 59% of detached houses are smaller than 41 THE RIDINGS, and 40% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

41 THE RIDINGS: Plot and Title Map

41 THE RIDINGS sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 41 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 41 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 41 THE RIDINGS?

41 THE RIDINGS is located in MIDDLESBROUGH, in the TS4 postcode district. The below map shows the position of No. 41 on THE RIDINGS.