49, HORSE CHESTNUT CLOSE, MIDDLESBROUGH, TS8 9GH - £205,000

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.

49 HORSE CHESTNUT CLOSE is a small detached house of 91m², built in 2017, which could now be worth an estimated £219,364. It was last sold for £205,000 in August 2023, which was around 11% below the average August 2023 detached price in the Middlesbrough local authority area. The most recent EPC inspection was November 2017, where the current energy rating was B, and the potential energy rating was A.

49 HORSE CHESTNUT CLOSE Sold Prices

Land registry data shows four sales for 49 HORSE CHESTNUT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Middlesbrough local authority area for the corresponding sale date. All of the four 49 HORSE CHESTNUT CLOSE sales were for below 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
2023 1 AUG	£205,000	£231,424	11% below HPI
2023 25 JUL	£205,000	£228,644	10% below HPI
2021 7 DEC	£205,000	£216,176	5% below HPI
2017 15 DEC	£189,950	£194,900	3% below HPI

49 HORSE CHESTNUT 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 four 49 HORSE CHESTNUT CLOSE sales between December 2017 and August 2023 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 2023 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2023 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 49 HORSE CHESTNUT CLOSE be worth now?

49 HORSE CHESTNUT CLOSE might now be worth an estimated £219,364.

This is based on house price inflation of 7%, between August 2023 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 7% inflationary increase is applied to the most recent sale price for 49 HORSE CHESTNUT CLOSE of £205,000 on 1st August 2023. For the value to have increased from £205,000 to £219,364 over the three years and three months to May 2026, the following assumptions must hold true:

• The value of 49 HORSE CHESTNUT CLOSE has moved in line with the HPI for detached houses in the Middlesbrough local authority area.
• The August 2023 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 49 HORSE CHESTNUT CLOSE has not materially changed since August 2023.

How Large is 49 HORSE CHESTNUT CLOSE?

49 HORSE CHESTNUT CLOSE is 91m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 30% 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 49 HORSE CHESTNUT CLOSE lies on this distribution: 24% of detached houses houses are smaller than 49 HORSE CHESTNUT CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

49 HORSE CHESTNUT CLOSE: Plot and Title Map

49 HORSE CHESTNUT CLOSE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 49 HORSE CHESTNUT 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 49 HORSE CHESTNUT 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 49 HORSE CHESTNUT CLOSE?

49 HORSE CHESTNUT CLOSE is located in MIDDLESBROUGH, in the TS8 postcode district. The below map shows the position of No. 49 on HORSE CHESTNUT CLOSE.