1, DEW LANE, ORMESBY, MIDDLESBROUGH, TS7 9AR - £169,000

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.

1 DEW LANE is a very small extended semi-detached house of 64m², built sometime between 1976 and 1982, which could now be worth an estimated £229,376. It was last sold for £169,000 in August 2019, which was around 49% above the average August 2019 semi-detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

1 DEW LANE Sold Prices

Land registry data shows three sales for 1 DEW LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the three 1 DEW LANE sales were for above 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
2019 12 AUG	£169,000	£113,787	49% above HPI
2007 30 MAR	£175,000	£119,955	46% above HPI
1999 6 DEC	£80,000	£45,182	77% above HPI

1 DEW LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The three 1 DEW LANE sales between December 1999 and August 2019 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 March 2007 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the August 2019 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 1 DEW LANE be worth now?

1 DEW LANE might now be worth an estimated £229,376.

This is based on house price inflation of 35.7%, between August 2019 and February 2025, for semi-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 35.7% inflationary increase is applied to the most recent sale price for 1 DEW LANE of £169,000 on 12th August 2019. For the value to have increased from £169,000 to £229,376 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 1 DEW LANE has moved in line with the HPI for semi-detached houses in the Redcar and Cleveland local authority area.
• The August 2019 sale price of £169,000 represented a fair market value for the property.
• The size, condition, and specification of 1 DEW LANE has not materially changed since August 2019.

How Large is 1 DEW LANE?

1 DEW LANE is 64m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of semi-detached houses houses in Middlesbrough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Middlesbrough, and where 1 DEW LANE lies on this distribution: 2% of semi-detached houses houses are smaller than 1 DEW LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

1 DEW LANE: Plot and Title Map

1 DEW LANE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 1 DEW LANE, 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 1 DEW LANE). 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 1 DEW LANE?

1 DEW LANE is located in ORMESBY, in the TS7 postcode district. The below map shows the position of No. 1 on DEW LANE.