118, THE AVENUE, MIDDLESBROUGH, TS5 6RT - £120,500

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.

118 THE AVENUE is a midsized extended semi-detached house of 118m², built sometime between 1930 and 1949, which could now be worth an estimated £169,643. It was last sold for £120,500 in May 2018, which was around 13% above the average May 2018 semi-detached price in the Middlesbrough local authority area. The most recent EPC inspection was January 2018, where the current energy rating was E, and the potential energy rating was C.

118 THE AVENUE Sold Prices

Land registry data shows three sales for 118 THE AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Middlesbrough local authority area for the corresponding sale date. All of the three 118 THE AVENUE 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
2018 1 MAY	£120,500	£106,690	13% above HPI
2006 29 JUN	£154,995	£114,058	36% above HPI
2001 27 JUL	£70,000	£44,865	56% above HPI

118 THE AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Middlesbrough local authority area over time, sourced from the HPI. The three 118 THE AVENUE sales between July 2001 and May 2018 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 2006 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the May 2018 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 118 THE AVENUE be worth now?

118 THE AVENUE might now be worth an estimated £169,643.

This is based on house price inflation of 40.8%, between May 2018 and April 2026, for semi-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 40.8% inflationary increase is applied to the most recent sale price for 118 THE AVENUE of £120,500 on 1st May 2018. For the value to have increased from £120,500 to £169,643 over the eight years and one month to April 2026, the following assumptions must hold true:

• The value of 118 THE AVENUE has moved in line with the HPI for semi-detached houses in the Middlesbrough local authority area.
• The May 2018 sale price of £120,500 represented a fair market value for the property.
• The size, condition, and specification of 118 THE AVENUE has not materially changed since May 2018.

How Large is 118 THE AVENUE?

118 THE AVENUE is 118m², which includes two extensions, according to the EPC inspection conducted in January 2018. This puts it in the largest 50% of semi-detached houses houses in Middlesbrough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Middlesbrough, and where 118 THE AVENUE lies on this distribution: 58% of semi-detached houses houses are smaller than 118 THE AVENUE, and 40% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

118 THE AVENUE: Plot and Title Map

118 THE AVENUE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 118 THE AVENUE, 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 118 THE AVENUE). 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 118 THE AVENUE?

118 THE AVENUE is located in MIDDLESBROUGH, in the TS5 postcode district. The below map shows the position of No. 118 on THE AVENUE.