25, SPRING GARDEN LANE, ORMESBY, MIDDLESBROUGH, TS7 9JB - £400,000

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.

25 SPRING GARDEN LANE is a very large extended detached house of 214m², built sometime between 1930 and 1949, which could now be worth an estimated £554,872. It was last sold for £400,000 in November 2018, which was around 113% above the average November 2018 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was C.

25 SPRING GARDEN LANE Sold Prices

Land registry data shows one sale for 25 SPRING GARDEN LANE 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
2018 2 NOV	£400,000	£187,781	113% above HPI

What might 25 SPRING GARDEN LANE be worth now?

25 SPRING GARDEN LANE might now be worth an estimated £554,872.

This is based on house price inflation of 38.7%, between November 2018 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 38.7% inflationary increase is applied to the most recent sale price for 25 SPRING GARDEN LANE of £400,000 on 2nd November 2018. For the value to have increased from £400,000 to £554,872 over the eight years and seven months to April 2026, the following assumptions must hold true:

• The value of 25 SPRING GARDEN LANE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The November 2018 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 25 SPRING GARDEN LANE has not materially changed since November 2018.

How Large is 25 SPRING GARDEN LANE?

25 SPRING GARDEN LANE is 214m², which includes three extensions, according to the EPC inspection conducted in March 2017. This puts it in the largest 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 25 SPRING GARDEN LANE lies on this distribution: 96% of detached houses are smaller than 25 SPRING GARDEN LANE, and 3% of detached houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

25 SPRING GARDEN LANE: Plot

25 SPRING GARDEN LANE sits on a plot of roughly 0.331 of an acre, or 1,339m².

Where is 25 SPRING GARDEN LANE?

25 SPRING GARDEN LANE is located in ORMESBY, in the TS7 postcode district.