2, BROOKSBANK CLOSE, ORMESBY, MIDDLESBROUGH, TS7 9DZ - £290,000

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

2 BROOKSBANK CLOSE is a very large detached house of 198m², built sometime between 1983 and 1990. It was last sold for £290,000 in August 2022, which was around 20% above the average August 2022 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was C.

2 BROOKSBANK CLOSE Sold Prices

Land registry data shows two sales for 2 BROOKSBANK CLOSE 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 2 BROOKSBANK CLOSE 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
2022 3 AUG	£290,000	£241,572	20% above HPI
2019 19 MAR	£220,000	£186,451	18% above HPI

2 BROOKSBANK CLOSE 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 2 BROOKSBANK CLOSE sales from March 2019 and August 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 March 2019 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the August 2022 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 2 BROOKSBANK CLOSE?

2 BROOKSBANK CLOSE is 198m² according to the EPC inspection conducted in July 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 2 BROOKSBANK CLOSE lies on this distribution: 95% of detached houses are smaller than 2 BROOKSBANK CLOSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

2 BROOKSBANK CLOSE: Plot and Title Map

2 BROOKSBANK CLOSE sits on a plot of roughly 0.129 of an acre, or 522m². The below map shows the location of 2 BROOKSBANK CLOSE, 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 2 BROOKSBANK CLOSE). 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 2 BROOKSBANK CLOSE?

2 BROOKSBANK CLOSE is located in ORMESBY, in the TS7 postcode district. The below map shows the position of No. 2 on BROOKSBANK CLOSE.