16, PHILLIPS AVENUE, MIDDLESBROUGH, TS5 5PS - £178,500

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.

16 PHILLIPS AVENUE is a very large extended terraced house of 143m², built sometime between 1900 and 1929, which could now be worth an estimated £308,102. It was last sold for £178,500 in April 2005, which was around 183% above the average April 2005 terraced price in the Middlesbrough local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was C.

16 PHILLIPS AVENUE Sold Prices

Land registry data shows two sales for 16 PHILLIPS AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Middlesbrough local authority area for the corresponding sale date. Both of the two 16 PHILLIPS 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
2005 5 APR	£178,500	£63,040	183% above HPI
2003 4 JUL	£127,000	£40,163	216% above HPI

16 PHILLIPS AVENUE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Middlesbrough local authority area over time, sourced from the HPI. The two 16 PHILLIPS AVENUE sales from July 2003 and April 2005 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 July 2003 sale was for 216% above the HPI. So the extrapolation line tracks at 216% above the HPI over time, until the April 2005 sale, where it falls to 183% above the HPI. The line then continues to track at 183% above the HPI.

What might 16 PHILLIPS AVENUE be worth now?

16 PHILLIPS AVENUE might now be worth an estimated £308,102.

This is based on house price inflation of 72.6%, between April 2005 and April 2026, for terraced 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 72.6% inflationary increase is applied to the most recent sale price for 16 PHILLIPS AVENUE of £178,500 on 5th April 2005. For the value to have increased from £178,500 to £308,102 over the 21 years to April 2026, the following assumptions must hold true:

• The value of 16 PHILLIPS AVENUE has moved in line with the HPI for terraced houses in the Middlesbrough local authority area.
• The April 2005 sale price of £178,500 represented a fair market value for the property.
• The size, condition, and specification of 16 PHILLIPS AVENUE has not materially changed since April 2005.

How Large is 16 PHILLIPS AVENUE?

16 PHILLIPS AVENUE is 143m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the largest 20% of terraced houses houses in Middlesbrough, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Middlesbrough, and where 16 PHILLIPS AVENUE lies on this distribution: 81% of terraced houses houses are smaller than 16 PHILLIPS AVENUE, and 19% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

16 PHILLIPS AVENUE: Plot and Title Map

16 PHILLIPS AVENUE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 16 PHILLIPS 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 16 PHILLIPS 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 16 PHILLIPS AVENUE?

16 PHILLIPS AVENUE is located in MIDDLESBROUGH, in the TS5 postcode district. The below map shows the position of No. 16 on PHILLIPS AVENUE.