24, FORMBY CLOSE, HARTLEPOOL, TS27 3PT - £125,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

24 FORMBY CLOSE is a very small extended semi-detached house of 81m², built sometime between 1950 and 1966, which could now be worth an estimated £143,416. It was last sold for £125,000 in August 2021, which was about the average August 2021 semi-detached price in the Hartlepool local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

24 FORMBY CLOSE Sold Prices

Land registry data shows three sales for 24 FORMBY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Hartlepool local authority area for the corresponding sale date. The three 24 FORMBY CLOSE sales were a mix of roughly equal to the average price, and 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
2021 9 AUG	£125,000	£125,526	Close to HPI
2000 31 MAR	£56,000	£45,099	24% above HPI
1996 22 NOV	£51,000	£39,430	29% above HPI

24 FORMBY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Hartlepool local authority area over time, sourced from the HPI. The three 24 FORMBY CLOSE sales between November 1996 and August 2021 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 2000 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the August 2021 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 24 FORMBY CLOSE be worth now?

24 FORMBY CLOSE might now be worth an estimated £143,416.

This is based on house price inflation of 14.7%, between August 2021 and December 2024, for semi-detached houses, in the Hartlepool local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.7% inflationary increase is applied to the most recent sale price for 24 FORMBY CLOSE of £125,000 on 9th August 2021. For the value to have increased from £125,000 to £143,416 over the two years and eight months to December 2024, the following assumptions must hold true:

• The value of 24 FORMBY CLOSE has moved in line with the HPI for semi-detached houses in the Hartlepool local authority area.
• The August 2021 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 24 FORMBY CLOSE has not materially changed since August 2021.

How Large is 24 FORMBY CLOSE?

24 FORMBY CLOSE is 81m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% of semi-detached houses houses in Hartlepool, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hartlepool, and where 24 FORMBY CLOSE lies on this distribution: 10% of semi-detached houses houses are smaller than 24 FORMBY CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Hartlepool.

24 FORMBY CLOSE: Plot and Title Map

24 FORMBY CLOSE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 24 FORMBY 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 24 FORMBY 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 24 FORMBY CLOSE?

24 FORMBY CLOSE is located in HARTLEPOOL, in the TS27 postcode district. The below map shows the position of No. 24 on FORMBY CLOSE.