147A, ORMESBY BANK, ORMESBY, MIDDLESBROUGH, TS7 9HP - £161,000

147A ORMESBY BANK is a very large extended detached house of 148m², built sometime between 1950 and 1966. It was last sold for £161,000 in July 2015, which was around 13% below the average July 2015 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

147A ORMESBY BANK Sold Prices

Land registry data shows two sales for 147A ORMESBY BANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. Both of the two 147A ORMESBY BANK sales 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
2015 1 JUL	£161,000	£184,145	13% below HPI
2009 6 APR	£160,000	£181,154	12% below HPI

147A ORMESBY BANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The two 147A ORMESBY BANK sales from April 2009 and July 2015 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 April 2009 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2015 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 147A ORMESBY BANK?

147A ORMESBY BANK is 148m², which includes two extensions, according to the EPC inspection conducted in November 2014. This puts it in the largest 20% of detached houses in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses by size in Middlesbrough, and where 147A ORMESBY BANK lies on this distribution: 83% of detached houses are smaller than 147A ORMESBY BANK, and 16% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

147A ORMESBY BANK: Plot and Title Map

147A ORMESBY BANK sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 147A ORMESBY BANK, 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 147A ORMESBY BANK). 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 147A ORMESBY BANK?

147A ORMESBY BANK is located in ORMESBY, in the TS7 postcode district. The below map shows the position of No. 147A on ORMESBY BANK.