15, CLEVELAND CLOSE, ORMESBY, MIDDLESBROUGH, TS7 9BX - £198,500

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.

15 CLEVELAND CLOSE is a very large extended detached house of 165m², built sometime between 1976 and 1982, which could now be worth an estimated £283,356. It was last sold for £198,500 in July 2006, which was around 11% above the average July 2006 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was November 2024, where the current energy rating was C, and the potential energy rating was B.

15 CLEVELAND CLOSE Sold Prices

Land registry data shows two sales for 15 CLEVELAND 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 Redcar and Cleveland local authority area for the corresponding sale date. One of the two 15 CLEVELAND CLOSE sales was for above the average price, whilst the other was 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
2006 28 JUL	£198,500	£179,239	11% above HPI
1999 5 NOV	£73,000	£80,122	9% below HPI

15 CLEVELAND CLOSE 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 two 15 CLEVELAND CLOSE sales from November 1999 and July 2006 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 November 1999 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2006 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 15 CLEVELAND CLOSE be worth now?

15 CLEVELAND CLOSE might now be worth an estimated £283,356.

This is based on house price inflation of 42.7%, between July 2006 and February 2025, 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 42.7% inflationary increase is applied to the most recent sale price for 15 CLEVELAND CLOSE of £198,500 on 28th July 2006. For the value to have increased from £198,500 to £283,356 over the nineteen years and five months to February 2025, the following assumptions must hold true:

• The value of 15 CLEVELAND CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The July 2006 sale price of £198,500 represented a fair market value for the property.
• The size, condition, and specification of 15 CLEVELAND CLOSE has not materially changed since July 2006.

How Large is 15 CLEVELAND CLOSE?

15 CLEVELAND CLOSE is 165m², which includes two extensions, according to the EPC inspection conducted in November 2024. This puts it in the largest 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 15 CLEVELAND CLOSE lies on this distribution: 90% of detached houses houses are smaller than 15 CLEVELAND CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

15 CLEVELAND CLOSE: Plot and Title Map

15 CLEVELAND CLOSE sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of 15 CLEVELAND 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 15 CLEVELAND 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 15 CLEVELAND CLOSE?

15 CLEVELAND CLOSE is located in ORMESBY, in the TS7 postcode district. The below map shows the position of No. 15 on CLEVELAND CLOSE.