1A, WESTBANK ROAD, ORMESBY, MIDDLESBROUGH, TS7 9HB - £273,000

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

1A WESTBANK ROAD is a very large detached house of 184m², built sometime between 1996 and 2002. It was last sold for £273,000 in April 2023, which was around 14% above the average April 2023 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

1A WESTBANK ROAD Sold Prices

Land registry data shows two sales for 1A WESTBANK ROAD 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 1A WESTBANK ROAD 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
2023 23 APR	£273,000	£240,462	14% above HPI
2004 5 NOV	£245,000	£163,995	49% above HPI

1A WESTBANK 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 two 1A WESTBANK ROAD sales from November 2004 and April 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 November 2004 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the April 2023 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 1A WESTBANK ROAD?

1A WESTBANK ROAD is 184m² according to the EPC inspection conducted in June 2022. This puts it in the largest 10% of detached houses in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses by size in Middlesbrough, and where 1A WESTBANK ROAD lies on this distribution: 93% of detached houses are smaller than 1A WESTBANK ROAD, and 6% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

1A WESTBANK ROAD: Plot and Title Map

1A WESTBANK ROAD sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 1A WESTBANK 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 1A WESTBANK 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 1A WESTBANK ROAD?

1A WESTBANK ROAD is located in ORMESBY, in the TS7 postcode district. The below map shows the position of No. 1A on WESTBANK ROAD.