48, ELMWOOD, COULBY NEWHAM, MIDDLESBROUGH, TS8 0SR - £157,000

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

48 ELMWOOD is a very small detached house of 80m², built sometime between 1983 and 1990. It was last sold for £157,000 in June 2016, which was around 20% below the average June 2016 detached price in the Middlesbrough local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

48 ELMWOOD Sold Prices

Land registry data shows two sales for 48 ELMWOOD 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 48 ELMWOOD 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
2016 9 JUN	£157,000	£196,681	20% below HPI
1998 16 FEB	£73,500	£75,985	3% below HPI

48 ELMWOOD 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 48 ELMWOOD sales from February 1998 and June 2016 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 February 1998 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2016 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 48 ELMWOOD?

48 ELMWOOD is 80m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% of detached houses in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses by size in Middlesbrough, and where 48 ELMWOOD lies on this distribution: 13% of detached houses are smaller than 48 ELMWOOD, and 87% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

48 ELMWOOD: Plot and Title Map

48 ELMWOOD sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 48 ELMWOOD, 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 48 ELMWOOD). 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 48 ELMWOOD?

48 ELMWOOD is located in COULBY NEWHAM, in the TS8 postcode district. The below map shows the position of No. 48 on ELMWOOD.