11, HIGHBANK ROAD, ORMESBY, MIDDLESBROUGH, TS7 9EH - £128,500

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.

11 HIGHBANK ROAD is a very small detached house of 64m², built sometime between 1967 and 1975, which could now be worth an estimated £176,303. It was last sold for £128,500 in September 2009, which was around 31% below the average September 2009 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was December 2008, where the current energy rating was E, and the potential energy rating was D.

11 HIGHBANK ROAD Sold Prices

Land registry data shows four sales for 11 HIGHBANK ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the four 11 HIGHBANK ROAD 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
2009 4 SEP	£128,500	£186,487	31% below HPI
2008 11 MAR	£149,995	£195,763	23% below HPI
2006 20 OCT	£124,500	£191,986	35% below HPI
2004 29 APR	£121,000	£141,161	14% below HPI

11 HIGHBANK ROAD 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 four 11 HIGHBANK ROAD sales between April 2004 and September 2009 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 2008 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2009 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 11 HIGHBANK ROAD be worth now?

11 HIGHBANK ROAD might now be worth an estimated £176,303.

This is based on house price inflation of 37.2%, between September 2009 and February 2025, 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 37.2% inflationary increase is applied to the most recent sale price for 11 HIGHBANK ROAD of £128,500 on 4th September 2009. For the value to have increased from £128,500 to £176,303 over the sixteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 11 HIGHBANK ROAD has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The September 2009 sale price of £128,500 represented a fair market value for the property.
• The size, condition, and specification of 11 HIGHBANK ROAD has not materially changed since September 2009.

How Large is 11 HIGHBANK ROAD?

11 HIGHBANK ROAD is 64m² according to the EPC inspection conducted in December 2008. This puts it in the smallest 10% of detached houses houses in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Middlesbrough, and where 11 HIGHBANK ROAD lies on this distribution: 3% of detached houses houses are smaller than 11 HIGHBANK ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

11 HIGHBANK ROAD: Plot and Title Map

11 HIGHBANK ROAD sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 11 HIGHBANK ROAD, 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 11 HIGHBANK ROAD). 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 11 HIGHBANK ROAD?

11 HIGHBANK ROAD is located in ORMESBY, in the TS7 postcode district. The below map shows the position of No. 11 on HIGHBANK ROAD.