15, SPRING GARDEN LANE, ORMESBY, MIDDLESBROUGH, TS7 9HS - £190,000

15 SPRING GARDEN LANE is a very large extended detached house of 153m², built sometime between 1950 and 1966. It was last sold for £190,000 in September 2020, which was around 6% below the average September 2020 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

15 SPRING GARDEN LANE Sold Prices

Land registry data shows two sales for 15 SPRING GARDEN LANE 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 SPRING GARDEN LANE sales was for below the average price, whilst the other was 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 25 SEP	£190,000	£202,928	6% below HPI
2003 20 JUN	£137,500	£118,526	16% above HPI

15 SPRING GARDEN 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 two 15 SPRING GARDEN LANE sales from June 2003 and September 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 June 2003 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the September 2020 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 15 SPRING GARDEN LANE?

15 SPRING GARDEN LANE is 153m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 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 15 SPRING GARDEN LANE lies on this distribution: 85% of detached houses are smaller than 15 SPRING GARDEN LANE, and 15% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

15 SPRING GARDEN LANE: Plot and Title Map

15 SPRING GARDEN LANE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 15 SPRING GARDEN 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 15 SPRING GARDEN 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 15 SPRING GARDEN LANE?

15 SPRING GARDEN LANE is located in ORMESBY, in the TS7 postcode district. The below map shows the position of No. 15 on SPRING GARDEN LANE.