10, DEW LANE, ORMESBY, MIDDLESBROUGH, TS7 9AR - £440,000

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.

10 DEW LANE is a very large extended detached house of 251m², built sometime between 1930 and 1949, which could now be worth an estimated £593,424. It was last sold for £440,000 in February 2020, which was around 128% above the average February 2020 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

10 DEW LANE Sold Prices

Land registry data shows five sales for 10 DEW LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the five 10 DEW LANE 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
2020 21 FEB	£440,000	£193,140	128% above HPI
2010 13 OCT	£485,000	£189,513	156% above HPI
2004 5 MAY	£385,000	£145,158	165% above HPI
2000 25 SEP	£139,000	£82,986	67% above HPI
1997 1 AUG	£195,000	£77,385	152% above HPI

10 DEW LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The five 10 DEW LANE sales between August 1997 and February 2020 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 October 2010 sale was for 156% above the HPI. So the extrapolation line tracks at 156% above the HPI over time, until the February 2020 sale, where it falls to 128% above the HPI. The line then continues to track at 128% above the HPI.

What might 10 DEW LANE be worth now?

10 DEW LANE might now be worth an estimated £593,424.

This is based on house price inflation of 34.9%, between February 2020 and April 2026, for detached houses, in the Redcar and Cleveland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.9% inflationary increase is applied to the most recent sale price for 10 DEW LANE of £440,000 on 21st February 2020. For the value to have increased from £440,000 to £593,424 over the five years and ten months to April 2026, the following assumptions must hold true:

• The value of 10 DEW LANE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The February 2020 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 10 DEW LANE has not materially changed since February 2020.

How Large is 10 DEW LANE?

10 DEW LANE is 251m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the largest 10% 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 10 DEW LANE lies on this distribution: 99% of detached houses houses are smaller than 10 DEW LANE, and 1% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

10 DEW LANE: Plot and Title Map

10 DEW LANE sits on a plot of roughly 0.644 of an acre, or 2,605m². The below map shows the location of 10 DEW LANE, 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 10 DEW LANE). 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 10 DEW LANE?

10 DEW LANE is located in ORMESBY, in the TS7 postcode district. The below map shows the position of No. 10 on DEW LANE.