14, SPRING GARDEN LANE, ORMESBY, MIDDLESBROUGH, TS7 9HS - £190,000

14 SPRING GARDEN LANE is a very small detached house of 82m², built sometime between 1976 and 1982. It was last sold for £190,000 in June 2021, which was around 13% below the average June 2021 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

14 SPRING GARDEN LANE Sold Prices

Land registry data shows three sales for 14 SPRING GARDEN LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the three 14 SPRING GARDEN 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
2021 2 JUN	£190,000	£218,342	13% below HPI
2021 30 MAR	£200,000	£214,032	7% below HPI
2007 26 JUN	£168,000	£193,805	13% below HPI

14 SPRING GARDEN LANE 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 three 14 SPRING GARDEN LANE sales between June 2007 and June 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 March 2021 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 14 SPRING GARDEN LANE?

14 SPRING GARDEN LANE is 82m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% of detached houses in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses by size in Middlesbrough, and where 14 SPRING GARDEN LANE lies on this distribution: 14% of detached houses are smaller than 14 SPRING GARDEN LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

14 SPRING GARDEN LANE: Plot and Title Map

14 SPRING GARDEN LANE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 14 SPRING GARDEN 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 14 SPRING GARDEN 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 14 SPRING GARDEN LANE?

14 SPRING GARDEN LANE is located in ORMESBY, in the TS7 postcode district. The below map shows the position of No. 14 on SPRING GARDEN LANE.