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
50 SOUTHWOOD is a small extended detached house of 98m², built sometime between 1983 and 1990. It was last sold for £265,000 in August 2022, which was around 12% above the average August 2022 detached price in the Middlesbrough local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 50 SOUTHWOOD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Middlesbrough local authority area for the corresponding sale date. Most of the five 50 SOUTHWOOD 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 |
---|---|---|---|
2022 26 AUG | £265,000 | £237,027 | 12% above HPI |
2021 24 JUN | £255,000 | £205,415 | 24% above HPI |
2018 9 JUL | £190,000 | £195,242 | 3% below HPI |
2018 22 JUN | £195,000 | £192,614 | 1% above HPI |
1995 11 APR | £79,000 | £72,361 | 9% above HPI |
The below graph shows the average detached house price in the Middlesbrough local authority area over time, sourced from the HPI. The five 50 SOUTHWOOD sales between April 1995 and August 2022 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 June 2021 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the August 2022 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.
50 SOUTHWOOD is 98m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the smallest 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 50 SOUTHWOOD lies on this distribution: 33% of detached houses are smaller than 50 SOUTHWOOD, and 66% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.
50 SOUTHWOOD sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 50 SOUTHWOOD, 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 50 SOUTHWOOD). 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.
50 SOUTHWOOD is located in COULBY NEWHAM, in the TS8 postcode district. The below map shows the position of No. 50 on SOUTHWOOD.