2, SWANAGE CLOSE, MIDDLESBROUGH, TS8 9NX - £165,000

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.

2 SWANAGE CLOSE is a very small detached house of 82m², built sometime between 1983 and 1990, which could now be worth an estimated £214,873. It was last sold for £165,000 in May 2019, which was around 14% below the average May 2019 detached price in the Middlesbrough local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

2 SWANAGE CLOSE Sold Prices

Land registry data shows two sales for 2 SWANAGE 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 2 SWANAGE 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
2019 10 MAY	£165,000	£192,429	14% below HPI
1998 18 SEP	£90,000	£76,674	17% above HPI

2 SWANAGE 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 2 SWANAGE CLOSE sales from September 1998 and May 2019 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 1998 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the May 2019 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 2 SWANAGE CLOSE be worth now?

2 SWANAGE CLOSE might now be worth an estimated £214,873.

This is based on house price inflation of 30.2%, between May 2019 and April 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 30.2% inflationary increase is applied to the most recent sale price for 2 SWANAGE CLOSE of £165,000 on 10th May 2019. For the value to have increased from £165,000 to £214,873 over the seven years and one month to April 2026, the following assumptions must hold true:

• The value of 2 SWANAGE CLOSE has moved in line with the HPI for detached houses in the Middlesbrough local authority area.
• The May 2019 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SWANAGE CLOSE has not materially changed since May 2019.

How Large is 2 SWANAGE CLOSE?

2 SWANAGE CLOSE is 82m² according to the EPC inspection conducted in January 2014. 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 2 SWANAGE CLOSE lies on this distribution: 15% of detached houses houses are smaller than 2 SWANAGE CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

2 SWANAGE CLOSE: Plot and Title Map

2 SWANAGE CLOSE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 2 SWANAGE 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 2 SWANAGE 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 2 SWANAGE CLOSE?

2 SWANAGE CLOSE is located in MIDDLESBROUGH, in the TS8 postcode district. The below map shows the position of No. 2 on SWANAGE CLOSE.