115A, ORMESBY BANK, ORMESBY, MIDDLESBROUGH, TS7 9HL - £300,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

115A ORMESBY BANK is a very large detached house of 589m². It was last sold for £300,000 in July 2016, which was around 59% above the average July 2016 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was November 2019, where the current energy rating was B, and the potential energy rating was B.

115A ORMESBY BANK Sold Prices

Land registry data shows two sales for 115A 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 115A ORMESBY BANK 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
2016 5 JUL	£300,000	£189,232	59% above HPI
2000 29 SEP	£150,000	£83,151	80% above HPI

115A 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 115A ORMESBY BANK sales from September 2000 and July 2016 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 September 2000 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the July 2016 sale, where it falls to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is 115A ORMESBY BANK?

115A ORMESBY BANK is 589m² according to the EPC inspection conducted in November 2019. 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 115A ORMESBY BANK lies on this distribution: More than 99% of detached houses are smaller than 115A ORMESBY BANK, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

115A ORMESBY BANK: Plot and Title Map

115A ORMESBY BANK sits on a plot of roughly 0.332 of an acre, or 1,343m². The below map shows the location of 115A 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 115A 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 115A ORMESBY BANK?

115A ORMESBY BANK is located in ORMESBY, in the TS7 postcode district. The below map shows the position of No. 115A on ORMESBY BANK.