157, ORMESBY BANK, ORMESBY, MIDDLESBROUGH, TS7 9HP - £369,500

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

157 ORMESBY BANK is a very large extended detached house of 148m², built sometime between 1976 and 1982. It was last sold for £369,500 in December 2018, which was around 100% above the average December 2018 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.

157 ORMESBY BANK Sold Prices

Land registry data shows two sales for 157 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 157 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
2018 7 DEC	£369,500	£184,340	100% above HPI
1999 30 APR	£157,500	£75,003	110% above HPI

157 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 157 ORMESBY BANK sales from April 1999 and December 2018 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 April 1999 sale was for 110% above the HPI. So the extrapolation line tracks at 110% above the HPI over time, until the December 2018 sale, where it falls to 100% above the HPI. The line then continues to track at 100% above the HPI.

How Large is 157 ORMESBY BANK?

157 ORMESBY BANK is 148m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 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 157 ORMESBY BANK lies on this distribution: 83% of detached houses are smaller than 157 ORMESBY BANK, and 16% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

157 ORMESBY BANK: Plot and Title Map

157 ORMESBY BANK sits on a plot of roughly 0.244 of an acre, or 988m². The below map shows the location of 157 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 157 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 157 ORMESBY BANK?

157 ORMESBY BANK is located in ORMESBY, in the TS7 postcode district. The below map shows the position of No. 157 on ORMESBY BANK.