46, FARMBANK ROAD, ORMESBY, MIDDLESBROUGH, TS7 9EE - £160,000

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.

46 FARMBANK ROAD is a small extended semi-detached house of 95m², built sometime between 1976 and 1982, which could now be worth an estimated £171,191. It was last sold for £160,000 in December 2022, which was around 7% above the average December 2022 semi-detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

46 FARMBANK ROAD Sold Prices

Land registry data shows three sales for 46 FARMBANK ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Redcar and Cleveland local authority area for the corresponding sale date. One of the three 46 FARMBANK ROAD sales was for above the average price, whilst two were 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
2022 16 DEC	£160,000	£149,434	7% above HPI
2014 5 JUL	£98,000	£109,157	10% below HPI
2000 1 MAR	£41,500	£46,547	11% below HPI

46 FARMBANK 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 three 46 FARMBANK ROAD sales between March 2000 and December 2022 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 July 2014 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2022 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 46 FARMBANK ROAD be worth now?

46 FARMBANK ROAD might now be worth an estimated £171,191.

This is based on house price inflation of 7%, between December 2022 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 7% inflationary increase is applied to the most recent sale price for 46 FARMBANK ROAD of £160,000 on 16th December 2022. For the value to have increased from £160,000 to £171,191 over the four years and eight months to April 2026, the following assumptions must hold true:

• The value of 46 FARMBANK ROAD has moved in line with the HPI for semi-detached houses in the Redcar and Cleveland local authority area.
• The December 2022 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 46 FARMBANK ROAD has not materially changed since December 2022.

How Large is 46 FARMBANK ROAD?

46 FARMBANK ROAD is 95m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 30% 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 46 FARMBANK ROAD lies on this distribution: 29% of semi-detached houses houses are smaller than 46 FARMBANK ROAD, and 70% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

46 FARMBANK ROAD: Plot and Title Map

46 FARMBANK ROAD sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 46 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 46 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 46 FARMBANK ROAD?

46 FARMBANK ROAD is located in ORMESBY, in the TS7 postcode district. The below map shows the position of No. 46 on FARMBANK ROAD.