123, FLATTS LANE, MIDDLESBROUGH, TS6 0NP - £99,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

123 FLATTS LANE is a very small extended semi-detached house of 62m², built sometime between 1930 and 1949, which could now be worth an estimated £107,918. It was last sold for £99,950 in August 2022, which was around 32% below the average August 2022 semi-detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was January 2017, where the current energy rating was E, and the potential energy rating was B.

123 FLATTS LANE Sold Prices

Land registry data shows two sales for 123 FLATTS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Redcar and Cleveland local authority area for the corresponding sale date. Both of the two 123 FLATTS LANE 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
2022 19 AUG	£99,950	£147,731	32% below HPI
2017 16 JUN	£80,000	£114,134	30% below HPI

123 FLATTS 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 two 123 FLATTS LANE sales from June 2017 and August 2022 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 June 2017 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2022 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 123 FLATTS LANE be worth now?

123 FLATTS LANE might now be worth an estimated £107,918.

This is based on house price inflation of 8%, between August 2022 and December 2024, 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 8% inflationary increase is applied to the most recent sale price for 123 FLATTS LANE of £99,950 on 19th August 2022. For the value to have increased from £99,950 to £107,918 over the one year and eight months to December 2024, the following assumptions must hold true:

• The value of 123 FLATTS LANE has moved in line with the HPI for semi-detached houses in the Redcar and Cleveland local authority area.
• The August 2022 sale price of £99,950 represented a fair market value for the property.
• The size, condition, and specification of 123 FLATTS LANE has not materially changed since August 2022.

How Large is 123 FLATTS LANE?

123 FLATTS LANE is 62m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the smallest 10% of semi-detached houses houses in Eston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Eston, and where 123 FLATTS LANE lies on this distribution: 5% of semi-detached houses houses are smaller than 123 FLATTS LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Eston.

123 FLATTS LANE: Plot and Title Map

123 FLATTS LANE sits on a plot of roughly 0.037 of an acre, or 148m². The below map shows the location of 123 FLATTS 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 123 FLATTS 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 123 FLATTS LANE?

123 FLATTS LANE is located in MIDDLESBROUGH, in the TS6 postcode district. The below map shows the position of No. 123 on FLATTS LANE.