10, CHANCEL WAY, MIDDLESBROUGH, TS6 9EA - £60,000

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.

10 CHANCEL WAY is a very small terraced house of 51m², built sometime between 1983 and 1990, which could now be worth an estimated £86,744. It was last sold for £60,000 in April 2017, which was around 28% below the average April 2017 terraced price in the Redcar and Cleveland local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

10 CHANCEL WAY Sold Prices

Land registry data shows three sales for 10 CHANCEL WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Redcar and Cleveland local authority area for the corresponding sale date. Two of the three 10 CHANCEL 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
2017 21 APR	£60,000	£83,888	28% below HPI
1998 7 MAY	£35,500	£32,683	9% above HPI
1995 17 NOV	£29,000	£30,588	5% below HPI

10 CHANCEL WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The three 10 CHANCEL WAY sales between November 1995 and April 2017 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 May 1998 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the April 2017 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 10 CHANCEL WAY be worth now?

10 CHANCEL WAY might now be worth an estimated £86,744.

This is based on house price inflation of 44.6%, between April 2017 and April 2026, for terraced houses, in the Redcar and Cleveland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 44.6% inflationary increase is applied to the most recent sale price for 10 CHANCEL WAY of £60,000 on 21st April 2017. For the value to have increased from £60,000 to £86,744 over the nine years to April 2026, the following assumptions must hold true:

• The value of 10 CHANCEL WAY has moved in line with the HPI for terraced houses in the Redcar and Cleveland local authority area.
• The April 2017 sale price of £60,000 represented a fair market value for the property.
• The size, condition, and specification of 10 CHANCEL WAY has not materially changed since April 2017.

How Large is 10 CHANCEL WAY?

10 CHANCEL WAY is 51m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% of terraced houses houses in Eston, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Eston, and where 10 CHANCEL WAY lies on this distribution: 1% of terraced houses houses are smaller than 10 CHANCEL WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Eston.

10 CHANCEL WAY: Plot and Title Map

10 CHANCEL WAY sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 10 CHANCEL 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 10 CHANCEL 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 10 CHANCEL WAY?

10 CHANCEL WAY is located in MIDDLESBROUGH, in the TS6 postcode district. The below map shows the position of No. 10 on CHANCEL WAY.