8, PADDOCK WOOD, COULBY NEWHAM, MIDDLESBROUGH, TS8 0SA - £158,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 PADDOCK WOOD is a midsized extended detached house of 104m², built sometime between 1976 and 1982, which could now be worth an estimated £225,442. It was last sold for £158,500 in February 2015, which was around 12% below the average February 2015 detached price in the Middlesbrough local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

8 PADDOCK WOOD Sold Prices

Land registry data shows four sales for 8 PADDOCK WOOD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Middlesbrough local authority area for the corresponding sale date. two of the four 8 PADDOCK WOOD sales were for below the average price, and four 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 27 FEB	£158,500	£179,423	12% below HPI
2015 20 FEB	£165,000	£179,423	8% below HPI
2004 18 JUN	£162,000	£142,827	13% above HPI
2001 26 OCT	£89,950	£86,921	3% above HPI

8 PADDOCK WOOD 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 four 8 PADDOCK WOOD sales between October 2001 and February 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 February 2015 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2015 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 8 PADDOCK WOOD be worth now?

8 PADDOCK WOOD might now be worth an estimated £225,442.

This is based on house price inflation of 42.2%, between February 2015 and February 2025, for detached houses, in the Middlesbrough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.2% inflationary increase is applied to the most recent sale price for 8 PADDOCK WOOD of £158,500 on 27th February 2015. For the value to have increased from £158,500 to £225,442 over the ten years to February 2025, the following assumptions must hold true:

• The value of 8 PADDOCK WOOD has moved in line with the HPI for detached houses in the Middlesbrough local authority area.
• The February 2015 sale price of £158,500 represented a fair market value for the property.
• The size, condition, and specification of 8 PADDOCK WOOD has not materially changed since February 2015.

How Large is 8 PADDOCK WOOD?

8 PADDOCK WOOD is 104m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the smallest 50% of detached houses houses in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Middlesbrough, and where 8 PADDOCK WOOD lies on this distribution: 41% of detached houses houses are smaller than 8 PADDOCK WOOD, and 59% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

8 PADDOCK WOOD: Plot and Title Map

8 PADDOCK WOOD sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 8 PADDOCK WOOD, 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 8 PADDOCK WOOD). 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 8 PADDOCK WOOD?

8 PADDOCK WOOD is located in COULBY NEWHAM, in the TS8 postcode district. The below map shows the position of No. 8 on PADDOCK WOOD.