12, WESTBANK ROAD, ORMESBY, MIDDLESBROUGH, TS7 9HB - £139,000

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.

12 WESTBANK ROAD is a very small semi-detached house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £197,441. It was last sold for £139,000 in November 2018, which was around 23% above the average November 2018 semi-detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was July 2010, where the current energy rating was C, and the potential energy rating was C.

12 WESTBANK ROAD Sold Prices

Land registry data shows four sales for 12 WESTBANK ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the four 12 WESTBANK ROAD 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
2018 23 NOV	£139,000	£112,561	23% above HPI
2017 24 FEB	£135,000	£109,834	23% above HPI
2016 22 DEC	£145,000	£111,952	30% above HPI
2011 21 OCT	£135,000	£111,110	22% above HPI

12 WESTBANK ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The four 12 WESTBANK ROAD sales between October 2011 and November 2018 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 2017 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the November 2018 sale, which was also at 23% above the HPI.

What might 12 WESTBANK ROAD be worth now?

12 WESTBANK ROAD might now be worth an estimated £197,441.

This is based on house price inflation of 42%, between November 2018 and April 2026, for semi-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 42% inflationary increase is applied to the most recent sale price for 12 WESTBANK ROAD of £139,000 on 23rd November 2018. For the value to have increased from £139,000 to £197,441 over the eight years and seven months to April 2026, the following assumptions must hold true:

• The value of 12 WESTBANK ROAD has moved in line with the HPI for semi-detached houses in the Redcar and Cleveland local authority area.
• The November 2018 sale price of £139,000 represented a fair market value for the property.
• The size, condition, and specification of 12 WESTBANK ROAD has not materially changed since November 2018.

How Large is 12 WESTBANK ROAD?

12 WESTBANK ROAD is 81m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 20% of semi-detached houses houses in Middlesbrough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Middlesbrough, and where 12 WESTBANK ROAD lies on this distribution: 13% of semi-detached houses houses are smaller than 12 WESTBANK ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

12 WESTBANK ROAD: Plot and Title Map

12 WESTBANK ROAD sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 12 WESTBANK 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 12 WESTBANK 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 12 WESTBANK ROAD?

12 WESTBANK ROAD is located in ORMESBY, in the TS7 postcode district. The below map shows the position of No. 12 on WESTBANK ROAD.