11, LONGBANK ROAD, ORMESBY, MIDDLESBROUGH, TS7 9EX - £140,000

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.

11 LONGBANK ROAD is a very small detached house of 71m², built sometime between 1950 and 1966, which could now be worth an estimated £167,786. It was last sold for £140,000 in February 2021, which was around 34% below the average February 2021 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.

11 LONGBANK ROAD Sold Prices

Land registry data shows two sales for 11 LONGBANK ROAD 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 11 LONGBANK 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
2021 5 FEB	£140,000	£213,490	34% below HPI
2008 3 NOV	£138,000	£183,563	25% below HPI

11 LONGBANK 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 two 11 LONGBANK ROAD sales from November 2008 and February 2021 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 November 2008 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2021 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 11 LONGBANK ROAD be worth now?

11 LONGBANK ROAD might now be worth an estimated £167,786.

This is based on house price inflation of 19.8%, between February 2021 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 19.8% inflationary increase is applied to the most recent sale price for 11 LONGBANK ROAD of £140,000 on 5th February 2021. For the value to have increased from £140,000 to £167,786 over the four years to February 2025, the following assumptions must hold true:

• The value of 11 LONGBANK ROAD has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The February 2021 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 11 LONGBANK ROAD has not materially changed since February 2021.

How Large is 11 LONGBANK ROAD?

11 LONGBANK ROAD is 71m² according to the EPC inspection conducted in January 2019. 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 LONGBANK ROAD lies on this distribution: 5% of detached houses houses are smaller than 11 LONGBANK ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

11 LONGBANK ROAD: Plot and Title Map

11 LONGBANK ROAD sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 11 LONGBANK 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 LONGBANK 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 LONGBANK ROAD?

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