8, PRESTON WAY, STOKESLEY, MIDDLESBROUGH, TS9 5QB - £276,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 PRESTON WAY is a small extended detached house of 108m², built sometime between 1991 and 1995, which could now be worth an estimated £424,135. It was last sold for £276,000 in August 2013, which was around 4% below the average August 2013 detached price in the North Yorkshire local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

8 PRESTON WAY Sold Prices

Land registry data shows three sales for 8 PRESTON WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Yorkshire local authority area for the corresponding sale date. Two of the three 8 PRESTON WAY sales were for below the average price, whilst one was 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
2013 22 AUG	£276,000	£287,621	4% below HPI
2010 21 JAN	£276,000	£280,164	1% below HPI
2001 16 MAR	£155,000	£130,322	19% above HPI

8 PRESTON WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Yorkshire local authority area over time, sourced from the HPI. The three 8 PRESTON WAY sales between March 2001 and August 2013 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 January 2010 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2013 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 8 PRESTON WAY be worth now?

8 PRESTON WAY might now be worth an estimated £424,135.

This is based on house price inflation of 53.7%, between August 2013 and December 2024, for detached houses, in the North Yorkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 53.7% inflationary increase is applied to the most recent sale price for 8 PRESTON WAY of £276,000 on 22nd August 2013. For the value to have increased from £276,000 to £424,135 over the ten years and eight months to December 2024, the following assumptions must hold true:

• The value of 8 PRESTON WAY has moved in line with the HPI for detached houses in the North Yorkshire local authority area.
• The August 2013 sale price of £276,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PRESTON WAY has not materially changed since August 2013.

How Large is 8 PRESTON WAY?

8 PRESTON WAY is 108m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 40% of detached houses houses in Stokesley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stokesley, and where 8 PRESTON WAY lies on this distribution: 36% of detached houses houses are smaller than 8 PRESTON WAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Stokesley.

8 PRESTON WAY: Plot and Title Map

8 PRESTON WAY sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 8 PRESTON WAY, 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 PRESTON WAY). 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 PRESTON WAY?

8 PRESTON WAY is located in STOKESLEY, in the TS9 postcode district. The below map shows the position of No. 8 on PRESTON WAY.