143A, ORMESBY BANK, ORMESBY, MIDDLESBROUGH, TS7 9HP - £125,000

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.

143A ORMESBY BANK is a very small detached house of 70m², built sometime between 1950 and 1966, which could now be worth an estimated £171,952. It was last sold for £125,000 in April 2010, which was around 34% below the average April 2010 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was February 2009, where the current energy rating was F, and the potential energy rating was E.

143A ORMESBY BANK Sold Prices

Land registry data shows one sale for 143A 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
2010 23 APR	£125,000	£189,360	34% below HPI

What might 143A ORMESBY BANK be worth now?

143A ORMESBY BANK might now be worth an estimated £171,952.

This is based on house price inflation of 37.6%, between April 2010 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 37.6% inflationary increase is applied to the most recent sale price for 143A ORMESBY BANK of £125,000 on 23rd April 2010. For the value to have increased from £125,000 to £171,952 over the sixteen years to April 2026, the following assumptions must hold true:

• The value of 143A ORMESBY BANK has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The April 2010 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 143A ORMESBY BANK has not materially changed since April 2010.

How Large is 143A ORMESBY BANK?

143A ORMESBY BANK is 70m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 10% of detached houses in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses by size in Middlesbrough, and where 143A ORMESBY BANK lies on this distribution: 4% of detached houses are smaller than 143A ORMESBY BANK, and 96% of detached houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

143A ORMESBY BANK: Plot

143A ORMESBY BANK sits on a plot of roughly 0.101 of an acre, or 408m².

Where is 143A ORMESBY BANK?

143A ORMESBY BANK is located in ORMESBY, in the TS7 postcode district.