10, LOCKTON CLOSE, HEMLINGTON, MIDDLESBROUGH, TS8 9RH - £168,000

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 LOCKTON CLOSE is a very small extended detached house of 87m², built sometime between 1991 and 1995, which could now be worth an estimated £235,255. It was last sold for £168,000 in August 2011, which was around 5% below the average August 2011 detached price in the Middlesbrough local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

10 LOCKTON CLOSE Sold Prices

Land registry data shows two sales for 10 LOCKTON CLOSE 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. One of the two 10 LOCKTON CLOSE sales was for below the average price, whilst the other 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
2011 12 AUG	£168,000	£176,844	5% below HPI
1995 15 SEP	£72,115	£71,080	1% above HPI

10 LOCKTON CLOSE 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 10 LOCKTON CLOSE sales from September 1995 and August 2011 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 September 1995 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2011 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 10 LOCKTON CLOSE be worth now?

10 LOCKTON CLOSE might now be worth an estimated £235,255.

This is based on house price inflation of 40%, between August 2011 and May 2026, 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 40% inflationary increase is applied to the most recent sale price for 10 LOCKTON CLOSE of £168,000 on 12th August 2011. For the value to have increased from £168,000 to £235,255 over the fifteen years and three months to May 2026, the following assumptions must hold true:

• The value of 10 LOCKTON CLOSE has moved in line with the HPI for detached houses in the Middlesbrough local authority area.
• The August 2011 sale price of £168,000 represented a fair market value for the property.
• The size, condition, and specification of 10 LOCKTON CLOSE has not materially changed since August 2011.

How Large is 10 LOCKTON CLOSE?

10 LOCKTON CLOSE is 87m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 20% 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 10 LOCKTON CLOSE lies on this distribution: 18% of detached houses houses are smaller than 10 LOCKTON CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

10 LOCKTON CLOSE: Plot and Title Map

10 LOCKTON CLOSE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 10 LOCKTON CLOSE, 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 LOCKTON CLOSE). 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 LOCKTON CLOSE?

10 LOCKTON CLOSE is located in HEMLINGTON, in the TS8 postcode district. The below map shows the position of No. 10 on LOCKTON CLOSE.