11A, FARMBANK ROAD, ORMESBY, MIDDLESBROUGH, TS7 9EE - £195,000

11A FARMBANK ROAD is a very small extended detached house of 82m², built sometime between 1950 and 1966. It was last sold for £195,000 in March 2020, which was about the average March 2020 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

11A FARMBANK ROAD Sold Prices

Land registry data shows four sales for 11A FARMBANK ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. The four 11A FARMBANK ROAD sales were a mix of roughly equal to the average price, above the average price, and 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
2020 6 MAR	£195,000	£194,230	Close to HPI
2020 14 FEB	£200,000	£193,523	3% above HPI
2004 29 SEP	£162,000	£165,008	2% below HPI
2000 29 NOV	£62,000	£85,770	28% below HPI

11A FARMBANK ROAD 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 four 11A FARMBANK ROAD sales between November 2000 and March 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 February 2020 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the March 2020 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 11A FARMBANK ROAD?

11A FARMBANK ROAD is 82m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 20% of detached houses in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses by size in Middlesbrough, and where 11A FARMBANK ROAD lies on this distribution: 14% of detached houses are smaller than 11A FARMBANK ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

11A FARMBANK ROAD: Plot and Title Map

11A FARMBANK ROAD sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 11A FARMBANK ROAD, 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 11A FARMBANK ROAD). 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 11A FARMBANK ROAD?

11A FARMBANK ROAD is located in ORMESBY, in the TS7 postcode district. The below map shows the position of No. 11A on FARMBANK ROAD.