11A, FARMBANK ROAD, ORMESBY, MIDDLESBROUGH, TS7 9EE - £195,000

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.

11A FARMBANK ROAD is a very small extended detached house of 82m², built sometime between 1950 and 1966, which could now be worth an estimated £257,384. It was last sold for £195,000 in March 2020, which was around 1% above the average March 2020 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

11A FARMBANK ROAD Sold Prices

Land registry data shows four sales for 11A FARMBANK 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. two of the four 11A FARMBANK ROAD sales were for above the average price, and four 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
2020 6 MAR	£195,000	£193,846	1% above HPI
2020 14 FEB	£200,000	£193,140	4% above HPI
2004 29 SEP	£162,000	£164,681	2% below HPI
2000 29 NOV	£62,000	£85,601	28% below HPI

11A FARMBANK 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 11A FARMBANK ROAD sales between November 2000 and March 2020 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 February 2020 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 2020 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 11A FARMBANK ROAD be worth now?

11A FARMBANK ROAD might now be worth an estimated £257,384.

This is based on house price inflation of 32%, between March 2020 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 32% inflationary increase is applied to the most recent sale price for 11A FARMBANK ROAD of £195,000 on 6th March 2020. For the value to have increased from £195,000 to £257,384 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 11A FARMBANK ROAD has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The March 2020 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 11A FARMBANK ROAD has not materially changed since March 2020.

How Large is 11A FARMBANK ROAD?

11A FARMBANK ROAD is 82m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 20% 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 11A FARMBANK ROAD lies on this distribution: 15% of detached houses houses are smaller than 11A FARMBANK ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

11A FARMBANK ROAD: Plot and Title Map

11A FARMBANK ROAD sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 11A FARMBANK 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 11A FARMBANK 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 11A FARMBANK ROAD?

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