149A, ORMESBY BANK, ORMESBY, MIDDLESBROUGH, TS7 9HP - £146,000

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

149A ORMESBY BANK is a very small extended detached house of 83m², built sometime between 1967 and 1975. It was last sold for £146,000 in November 2017, which was around 22% below the average November 2017 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was C.

149A ORMESBY BANK Sold Prices

Land registry data shows three sales for 149A ORMESBY BANK 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 149A ORMESBY BANK 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
2017 16 NOV	£146,000	£186,448	22% below HPI
2015 6 MAR	£168,750	£184,086	8% below HPI
2006 2 MAY	£165,000	£176,606	7% below HPI

149A 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 three 149A ORMESBY BANK sales between May 2006 and November 2017 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 2015 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2017 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 149A ORMESBY BANK?

149A ORMESBY BANK is 83m², which includes one extension, according to the EPC inspection conducted in August 2024. 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 149A ORMESBY BANK lies on this distribution: 16% of detached houses are smaller than 149A ORMESBY BANK, and 83% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

149A ORMESBY BANK: Plot and Title Map

149A ORMESBY BANK sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of 149A 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 149A 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 149A ORMESBY BANK?

149A ORMESBY BANK is located in ORMESBY, in the TS7 postcode district. The below map shows the position of No. 149A on ORMESBY BANK.