141, ORMESBY BANK, ORMESBY, MIDDLESBROUGH, TS7 9HP - £165,000

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.

141 ORMESBY BANK is a large extended detached house of 139m², which could now be worth an estimated £238,315. It was last sold for £165,000 in August 2013, which was around 9% below the average August 2013 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was D.

141 ORMESBY BANK Sold Prices

Land registry data shows one sale for 141 ORMESBY BANK since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2013 2 AUG	£165,000	£180,350	9% below HPI

What might 141 ORMESBY BANK be worth now?

141 ORMESBY BANK might now be worth an estimated £238,315.

This is based on house price inflation of 44.4%, between August 2013 and April 2026, 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 44.4% inflationary increase is applied to the most recent sale price for 141 ORMESBY BANK of £165,000 on 2nd August 2013. For the value to have increased from £165,000 to £238,315 over the thirteen years and four months to April 2026, the following assumptions must hold true:

• The value of 141 ORMESBY BANK has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The August 2013 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 141 ORMESBY BANK has not materially changed since August 2013.

How Large is 141 ORMESBY BANK?

141 ORMESBY BANK is 139m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the largest 30% of detached houses in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses by size in Middlesbrough, and where 141 ORMESBY BANK lies on this distribution: 79% of detached houses are smaller than 141 ORMESBY BANK, and 21% of detached houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

141 ORMESBY BANK: Plot

141 ORMESBY BANK sits on a plot of roughly 0.145 of an acre, or 585m².

Where is 141 ORMESBY BANK?

141 ORMESBY BANK is located in ORMESBY, in the TS7 postcode district.