16, MEADOWBANK ROAD, ORMESBY, MIDDLESBROUGH, TS7 9EN - £215,000

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

16 MEADOWBANK ROAD is a large extended detached house of 130m², built sometime between 1967 and 1975. It was last sold for £215,000 in July 2023, which was around 12% below the average July 2023 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

16 MEADOWBANK ROAD Sold Prices

Land registry data shows three sales for 16 MEADOWBANK ROAD 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 16 MEADOWBANK 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
2023 14 JUL	£215,000	£245,686	12% below HPI
2004 12 JAN	£100,000	£136,109	27% below HPI
2002 6 JUN	£56,500	£92,816	39% below HPI

16 MEADOWBANK 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 three 16 MEADOWBANK ROAD sales between June 2002 and July 2023 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 2004 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2023 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 16 MEADOWBANK ROAD?

16 MEADOWBANK ROAD is 130m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 30% of detached houses in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses by size in Middlesbrough, and where 16 MEADOWBANK ROAD lies on this distribution: 72% of detached houses are smaller than 16 MEADOWBANK ROAD, and 27% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

16 MEADOWBANK ROAD: Plot and Title Map

16 MEADOWBANK ROAD sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 16 MEADOWBANK 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 MEADOWBANK 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 MEADOWBANK ROAD?

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