16, CEDAR ROAD, ORMESBY, MIDDLESBROUGH, TS7 9DL - £180,000

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.

16 CEDAR ROAD is a very small detached house of 76m², built sometime between 1950 and 1966, which could now be worth an estimated £202,680. It was last sold for £180,000 in February 2022, which was around 21% below the average February 2022 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

16 CEDAR ROAD Sold Prices

Land registry data shows four sales for 16 CEDAR 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. All of the four 16 CEDAR ROAD 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 25 FEB	£180,000	£227,230	21% below HPI
2019 21 JAN	£147,500	£183,521	20% below HPI
2006 8 DEC	£148,000	£197,970	25% below HPI
2001 6 JUL	£56,000	£86,720	35% below HPI

16 CEDAR 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 16 CEDAR ROAD sales between July 2001 and February 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 January 2019 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2022 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 16 CEDAR ROAD be worth now?

16 CEDAR ROAD might now be worth an estimated £202,680.

This is based on house price inflation of 12.6%, between February 2022 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 12.6% inflationary increase is applied to the most recent sale price for 16 CEDAR ROAD of £180,000 on 25th February 2022. For the value to have increased from £180,000 to £202,680 over the three years to February 2025, the following assumptions must hold true:

• The value of 16 CEDAR ROAD has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The February 2022 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 16 CEDAR ROAD has not materially changed since February 2022.

How Large is 16 CEDAR ROAD?

16 CEDAR ROAD is 76m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% 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 16 CEDAR ROAD lies on this distribution: 9% of detached houses houses are smaller than 16 CEDAR ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

16 CEDAR ROAD: Plot and Title Map

16 CEDAR ROAD sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 16 CEDAR 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 16 CEDAR 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 16 CEDAR ROAD?

16 CEDAR ROAD is located in ORMESBY, in the TS7 postcode district. The below map shows the position of No. 16 on CEDAR ROAD.