15, COATE CLOSE, HEMLINGTON, MIDDLESBROUGH, TS8 9RA - £137,500

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.

15 COATE CLOSE is a small semi-detached house of 94m², built sometime between 1996 and 2002, which could now be worth an estimated £188,616. It was last sold for £137,500 in November 2018, which was around 26% above the average November 2018 semi-detached price in the Middlesbrough local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

15 COATE CLOSE Sold Prices

Land registry data shows four sales for 15 COATE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Middlesbrough local authority area for the corresponding sale date. All of the four 15 COATE CLOSE 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 30 NOV	£137,500	£109,130	26% above HPI
2013 4 DEC	£123,995	£103,254	20% above HPI
2003 17 OCT	£95,500	£64,494	48% above HPI
1995 1 DEC	£45,000	£40,502	11% above HPI

15 COATE CLOSE 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 four 15 COATE CLOSE sales between December 1995 and November 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 December 2013 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the November 2018 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 15 COATE CLOSE be worth now?

15 COATE CLOSE might now be worth an estimated £188,616.

This is based on house price inflation of 37.2%, between November 2018 and May 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 37.2% inflationary increase is applied to the most recent sale price for 15 COATE CLOSE of £137,500 on 30th November 2018. For the value to have increased from £137,500 to £188,616 over the eight years and six months to May 2026, the following assumptions must hold true:

• The value of 15 COATE CLOSE has moved in line with the HPI for semi-detached houses in the Middlesbrough local authority area.
• The November 2018 sale price of £137,500 represented a fair market value for the property.
• The size, condition, and specification of 15 COATE CLOSE has not materially changed since November 2018.

How Large is 15 COATE CLOSE?

15 COATE CLOSE is 94m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 30% 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 15 COATE CLOSE lies on this distribution: 28% of semi-detached houses houses are smaller than 15 COATE CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

15 COATE CLOSE: Plot and Title Map

15 COATE CLOSE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 15 COATE 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 15 COATE 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 15 COATE CLOSE?

15 COATE CLOSE is located in HEMLINGTON, in the TS8 postcode district. The below map shows the position of No. 15 on COATE CLOSE.