2, WEST LANE, MIDDLESBROUGH, TS5 4BU - £61,000

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.

2 WEST LANE is a very large extended terraced house of 117m², built sometime between 1900 and 1929, which could now be worth an estimated £84,503. It was last sold for £61,000 in February 2020, which was around 22% below the average February 2020 terraced price in the Middlesbrough local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

2 WEST LANE Sold Prices

Land registry data shows one sale for 2 WEST LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Middlesbrough 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
2020 21 FEB	£61,000	£78,547	22% below HPI

What might 2 WEST LANE be worth now?

2 WEST LANE might now be worth an estimated £84,503.

This is based on house price inflation of 38.5%, between February 2020 and April 2026, for terraced houses, in the Middlesbrough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38.5% inflationary increase is applied to the most recent sale price for 2 WEST LANE of £61,000 on 21st February 2020. For the value to have increased from £61,000 to £84,503 over the five years and ten months to April 2026, the following assumptions must hold true:

• The value of 2 WEST LANE has moved in line with the HPI for terraced houses in the Middlesbrough local authority area.
• The February 2020 sale price of £61,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WEST LANE has not materially changed since February 2020.

How Large is 2 WEST LANE?

2 WEST LANE is 117m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 10% of terraced houses in Middlesbrough, based on EPC data. The below chart shows the distribution of terraced houses by size in Middlesbrough, and where 2 WEST LANE lies on this distribution: 93% of terraced houses are smaller than 2 WEST LANE, and 7% of terraced houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

2 WEST LANE: Plot

2 WEST LANE sits on a plot of roughly 0.036 of an acre, or 144m².

Where is 2 WEST LANE?

2 WEST LANE is located in MIDDLESBROUGH, in the TS5 postcode district.