42, STRAIT LANE, STAINTON, MIDDLESBROUGH, TS8 9BB - £285,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

42 STRAIT LANE is a large extended detached house of 123m², built sometime between 1950 and 1966. It was last sold for £285,000 in May 2015, which was around 53% above the average May 2015 detached price in the Middlesbrough local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

42 STRAIT LANE Sold Prices

Land registry data shows two sales for 42 STRAIT LANE 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 42 STRAIT LANE 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
2015 26 MAY	£285,000	£186,653	53% above HPI
2005 7 OCT	£285,000	£171,778	66% above HPI

42 STRAIT LANE 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 42 STRAIT LANE sales from October 2005 and May 2015 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 October 2005 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the May 2015 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is 42 STRAIT LANE?

42 STRAIT LANE is 123m², which includes one extension, according to the EPC inspection conducted in November 2011. This puts it in the largest 40% of detached houses in Stainton, based on EPC data. The below chart shows the distribution of detached houses by size in Stainton, and where 42 STRAIT LANE lies on this distribution: 61% of detached houses are smaller than 42 STRAIT LANE, and 39% of houses are larger. Note that EPC data is not available for all properties in Stainton.

42 STRAIT LANE: Plot and Title Map

42 STRAIT LANE sits on a plot of roughly 0.127 of an acre, or 512m². The below map shows the location of 42 STRAIT LANE, 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 42 STRAIT LANE). 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 42 STRAIT LANE?

42 STRAIT LANE is located in STAINTON, in the TS8 postcode district. The below map shows the position of No. 42 on STRAIT LANE.